Liz wants to accumulate $35,000 in a fund with payments of $1,400 made at the end of every quarter. The interest rate is 4.93% compounded quarterly. a. How many payments (rounded up to the next payment) will it take to accumulate this amount? O 28 payments o 17 payments o 21 payments o 22 payments b. How long will it take to accumulate this amount? b. How long will it take to accumulate this amount? o 7 years and 6 months o 8 years and 3 months O 8 years and 6 months O 5 years and 6 months