part 1 and 2

To offer scholarships to children of employees, a company invests $8000 at the end of every three months in an annuity that pays 11.5% compounded quarterly. a. How much will the company have in scholarship funds at the end of ten years? b. Find the interest. a. The company will have $ in scholarship funds. (Do not round until the final answer. Then round to the nearest dollar as needed.)