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. Abigail deposited $600 in a savings account at her bank. Her account will earn an annual simple interest rate of 8.2%. If she makes no additional deposits or withdrawals, how much money will she have in her account in 13 years? $149.20 $653.23 $1, 671.50 $1, 239.60 Now, assume that Abigail's savings institution modifies the terms of her account and agrees to pay 8.2% in compound interest on her $600 balance. All other things being equal, how much money will Abigail have in her account in 13 years? $137.06 $1, 239.60 $1, 671.50 $649.20 Suppose Abigail had deposited another $600 into a savings account at a second bank at the same time. The second bank also pays a nominal (or stated) interest rate of 8.2% but with quarterly compounding. Keeping everything else constant, how much money will Abigail have in her account at this bank in 13 years? $149.20 $1, 723.57 $152.91 $650.73