If $1,100 is deposited each quarter in an account that earns 5% compounded quarterly, how many full deposits of quarters will it take to reach $12,000.00? What is the amount of the smaller concluding deposit? It will take quarters of full deposits. The smaller concluding deposit is $ (Round to 2 decimal places.) Score: N/A/2.5 N/A/2.5 Question 5. Version 1/1. Score: 0/5 You decide to buy a car for $23,000.00 and decide to make payments of $1,200 each month. If the loan is 2% compounded monthly, how many full months of payments will it take to pay off the $23,000.00? What is the amount of the smaller concluding payment one month later? It will take months of full payments. The smaller concluding payment is S (Round to 2 decimal places.) Score: N/A/2.5 N/A/2.5