To attract new customers, EP Employees Credit Union advertised that they will begin paying 3% interest every quarter on all savings accounts. (Their competitors pay interest every 6 months.) The credit union uses March 31st, June 30th, September 30th, and December 31st as quarterly interest periods. Determine (a) the end-of period totals in the account, and (b) the interest paid each quarter on the total. Assume there are no withdrawals and that quarterly interest is not redeposited.

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1 25 attrac new customers EP Emplo ees re una a ver sed tat they wal begin pa ng 3% in eres every quarter cc. a sava gs account er com etitors Day interest everv 6 mont i e creatumo nus Lara 3 st. res t. September s and ecember s quarterly mtecest petiode. Determine () he end of pericd totale in the accouat, and () the interet paid each quarter oa dhe total Assume thete are no widkdrawals and that quarterly intecest is not redeposited. Month Deposit, $ Feb 50 70 Mar 120 20 May Juze 150 Aug Sept Oct Nor 90 110