Question: You deposit $$11,000$ in an account that pays $1\mathrm{.}51\%$ interest compounded quarterly. a$.$ Find the future value after one year. b$.$ Use the futur...You deposit $$11,000$ in an account that pays $1\mathrm{.}51\%$ interest compounded quarterly.a$.$ Find the future value after one year.b$.$ Use the future value formula for simple interest to determine the effective annual yield.