Financial contracts involving investments, mortgages, loans, and so on are based on either a fixed or a variable interest rate. Assume that fixed interest rates are used throughout this question. O 0 Zoe deposited $1,700 at her local credit union in a savings account at the rate of 6.6% paid as simple interest. She will earn interest once a year for the next nine years. If she were to make no additional deposits or withdrawals, how much money would the credit union owe Zoe in nine years? $1,819.61 $3,021.79 $2,709.80 $212.20 Now, assume that Zoe's credit union pays a compound interest rate of 6.6% compounded annually. All other things being equal, how much will Zoe have in her account after nine years? $199.44 $3,021.79 $1,812.20 $2,709.80 Before deciding to deposit her money at the credit union, Zoe checked the interest rates at her local bank as well. The bank was paying a nominal interest rate of 6.6% compounded quarterly. If Zoe had deposited $1,700 at her local bank, how much would she have had in her account after nine years? O $3,064.18 $212.20 $1,815.01 $215.59