Find the future value of each deposit if the account pays (a) simple interest, and (b) interest compounded annually.$2900at 3%for 4years

(a) With simple interest, the future value is equal to $3248

.(Simplify your answer. Type an integer or a decimal.)(b) With interest compounded annually, the future value is equal to $nothing.(Simplify your answer. Type an integer or decimal rounded to the nearest cent as needed.)