Eob's porenta plan to open a college savings account eaming 3.53 interest per year, compounded monthly, They will deposit 575 erach month. Assume that no other deposts or withdrawile will be made. Antwer the following, writing yout answers to the nearest doliar: (b) Use the At Exs Periodic Deposit Calculator to find the account balance at the and of each time period. (b) Use the answers in part (a) to find the increase ln the account during each period. Note: Mounded to the nearest dollar. (c) nowect true or False The arnount in the account wal her gros faster over time. (The increase will be the mame in each peripd) (di) Si ect the true statement about the deposas made. There will be more maneyc deposied during Ferlod I than Feriod 2. The amount of mooey deposited during the period will be the same for each (d) Select the true statement about the deposits made. There will be more money deposited during Period 1 than Period 2 . The amount of money deposited during the period will be the same for each period. (e) Select the true statement about the interest earned. The account will earn more interest during Period 2 than Period 1. The account will earn the same amount of interest in each period