Question 7 of 15 Since the birth of his granddaughter, 16 years ago, Jared has deposited $250 at the beginning of every month into a Registered Education Savings Plan (RESP). The interest rate on the plan was 4.50% compounded monthly for the first 9 years and 4.75% compounded monthly for the next 7 years. a. What was the accumulated value of the RESP at the end of 9 years? $0.00 Round to the nearest cent b. What was the accumulated value of the RESP at the end of 16 years? $0.00 Round to the nearest cent c. What was the amount of interest earned over the 16-year period