QUESTION $3$

Chaim has won $$5000$ and wants to save it towards buying a house in six years when he finishes his law degree. He has the choice between an account that compounds monthly with an APR of $7\%$ and another account that also has a $7\%$ APR but compounds semi$-$annually. Round all answers appropriate to the context.

How much will he have in $6$ years with the first option $($monthly$)?$

How much will he have in $6$ years with the second option $($semi$-$annually$)?$

How much more interest will he have if he chooses the first option?