please no excel.

looking for help to see work and steps for the problem. Answers: $7,985.21 and 5.24160%

(3) Daphne deposits $100 at the beginning of each month for five years in a fund earning an annual effective rate of interest of 5.4%. The interest from this fund is paid out annually, and can only be reinvested at a nominal interest rate of 4% convertible quarterly. Find the accumulated value of Daphne's investments at the end of eight years and the yield rate for the eight-year period. (3) Daphne deposits $100 at the beginning of each month for five years in a fund earning an annual effective rate of interest of 5.4%. The interest from this fund is paid out annually, and can only be reinvested at a nominal interest rate of 4% convertible quarterly. Find the accumulated value of Daphne's investments at the end of eight years and the yield rate for the eight-year period