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James made periodic deposits into a savings account at the end of every month for 4 years. The investments were earning 6.90% compounded quarterly and

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James made periodic deposits into a savings account at the end of every month for 4 years. The investments were earning 6.90% compounded quarterly and grew to $11,625.00 at the end of 4 years. a. Calculate the size of the month-end deposits. $216.30 $211.16 $157.57 $206.24 b. How long will it take for the $11,625.00 to accumulate to $36,175.00 if the interest rate remained the same and he continued making the same month-end deposits throughout the term? 7 years and 0 months 10 years and 0 months 6 years and 0 months 6 vears and 3 months

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