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need help on both parts (please solve by hand, not in excel): Bob opens an account paying 7% per year compounded quarterly with $700 and

need help on both parts (please solve by hand, not in excel):image text in transcribed

Bob opens an account paying 7% per year compounded quarterly with $700 and plans to add $250 at the end of each quarter until he has at least $33,000. (A) How many quarters will it take for Bob to first reach his goal? Give your answer as an integer. quarters (B) After the time period solved in part (A) has elapsed, how much will Bob have is the account? Round your answer to two decimal places

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