Mu$$strame c$$mo resolverTime value$$Personal Finance Problem$$You have $$$$4$ comma $700$ to invest today at $8\%$ interest compounded annually.

a$.$Find how much you will have accumulated in the account at the end of$(1)6$years$,(2)12$years$,$ and$(3)18$ years.

b$.$Use your findings in part a to calculate the amount of interest earned in$(1)$ the first $6$ years$($years $1$ to $6),(2)$ the second $6$ years$($years $7$ to $12),$ and$(3)$ the third $6$ years$($years $13$ to $18).$

c$.$Compare and contrast your findings in part b$.$Explain how the amount of interest earned changes in each succeeding $6$ dash year period.