quiz 2 math1095

You want to receive $600 at the end of every three months for 2 years. Interest is 8.4% compounded quarterly (a) How much would you have to deposit at the beginning of the 2-year period? (b) How much of what you receive will be interest? (a) The deposit is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The interest is $ (Round the final answer to the nearest cent as needed, Round all intermediate values to six decimal places as needed.)