Related to Checkpoint 5.2) (Future value) Leslie Mosallam, who recently sold her Porsche, placed $8,600 in a savings account paying annual compound interest of 5 percent. a. Calculate the amount of money that will accumulate if Leslie leaves the money in the bank for 2,6 , and 16 year(s). b. Suppose Leslie moves her money into an account that pays 7 percent or one that pays 9 percent. Rework part (a) using 7 percent and 9 percent. c. What conclusions can you draw about the relationship between interest rates, time, and future sums from the calculafions you just did? a. After placing $8,600 in a savings account paving annual compound interest of 5 percent, the amount of money that will accumulate if Leslie leaves the money in the bank for 2 year(s) is $ (Round to the nearest cent.) If she leaves the money in the bank for 6 years, the amount of money that will accumulate is $ (Round to the nearest cent) If she leaves the money in the bank for 16 years, the amount of money that will accumulate is $ (Round to the nearest cent.) b. If Loslie moves her money into an account that pays 7 percent compounded annualy for 2 year(s) the amount of money that will accumulate is (Round to the nearest cont.) If Leslie moves her monoy into an account that pays 7 percent compounded annualy for 6 years, the amount of money that will accumulate is (Round to the nearest cont) If Leslie moves her money into an account that pays 7 percent compounded annualy for 16 yoars, the amount of money that will accumulate is (Round to the nearest cent) If Lealie moves her money into an account that pays 9 percent compounded annualy for 2 year(5), the amount of money that will accumulate in (Round to the nearest cent) If Lesle moves her money into an account that pays 9 percent cornpounded annualy for 6 years, the amount of money that will accurtulate is (Round to the nearest cent)