On July 1, 2001, a savings account has $1000. This account earns interest at an annual rate of 4% compounded continuously. A competing bank is attempting to attract new customers by offering to add $20 immediately to any new account opened with a minimum $1000 deposit, and the new account would eam interest at the annual rate of 4% compounded semiannually. To choose one of the following three options on July 1, 2001, find the accumulated amount July 1, 2003, for each option in parts (a) through (c) below. (a) Leave the money at the first bank. The accumulated amount is $ (Do not round until the final answer. Then round to the nearest cent as needed.)