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If you deposit $450 into an account paying 21% annual interest compounded quarterly, how long until there is $62525 in the account? (Show your answer

If you deposit $450 into an account paying 21% annual interest compounded quarterly, how long until there is $62525 in the account? (Show your answer in years to the nearest tenth. DO NOT round until after all calculations have been completed and you have reached your final answer. If your answer ends in a zero, only include 1 decimal place and omit the zero. If the answer ends in two zeros after rounding, do not use any decimal places as ANGEL does not recognize the ".00" endings and will remove points from your score.) Number of years =

6.

If you deposit $85924 at 16.4% annual interest compounded quarterly, how much money will be in the account after 16 years? (Show your answer to nearest cent.) Money in account =

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