On January 1, 2011, you deposited $4,000 in a savings account. The account will earn 12 percent annual compound interest, which will be added to the fund balance at the end of each year. (UseTable 3)

Required:

1.	What will be the balance in the savings account at the end of 9 years?(Round "FV Factors" to 4 decimal places and final answer to the nearestwholedollar amount. Omit the "$" sign in your response.)

Balance in the savings account

$

2.	What is the amount of interest earned during the 9 years?(Round "FV Factors" to 4 decimal places. Round intermediate calculations and final answers to the nearest whole dollar amount. Omit the "$" sign in your response.)

Amount of interest

$

3.	How much interest revenue did the fund earn in 2011? 2012?(Round your final answer to the nearestwholedollar amount. Omit the "$" sign in your response.)

	2011	2012
Interest revenue	$	$
Tabe 3 source: http://lectures.mhhe.com/connect/0078111021/Tables/futurevalue.jpg please give a detailed answer