(Hint: Follow processes on pages 390-391 examples 2 and 3) 1) On April 1, Hilda made a $2,520 deposit to open a savings account paying 3.5% compounded daily. She then deposited $260 on May 12 and $590 on May 23. Find the balance on June 30 and the interest earned through that date. Round to the nearest cent as needed. (2 points) On June 30, what is the balance in the account? (1 point) How much is the interest earned through June 30? 2) On April 1, a business owner made a deposit of $16,300 to open a savings account paying 3.5% compounded daily. A withdrawal of $4,600 was made 26 days later and another withdrawal of $900 was made 10 days before July 1. Find the interest earned through July 1 and the account balance on that date. (Hint: See the table footnote for 91 days.) Round to the nearest cent as needed. (2 point) How much interest is earned through July 1? (1 points) How much is the account balance on July 1? 20. Bond Fund The community college where Roman Rodriguez works has an endowment funded by alumni and business owners in the community. The manager of the endowment invested $500,000 in a bond fund yielding 6% compounded semiannually. Find (a) the interest for the first year and (b) the future value of the account in 8 years. Hint: Use Compound Interest Formula M= P (1+i) N for both a &b \f\f