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In the space below answer the following questions. Clearly label your answers. Suppose that $6,000 is invested at 3% per year. What is equation of

In the space below answer the following questions. Clearly label your answers.

Suppose that $6,000 is invested at 3% per year.

What is equation of the function that models the future value of the investment if interest is compounded quarterly? In the space below input the function. Round the values that you are using to 4 decimals.
What is the future value of the investment after 5 years?

What is the APY?

The APY is [APY]. Round the rate to the nearest hundredth of a percent (4 significant digits).

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