Use the compound interest formula to compute the balance in the following account after the stated period of time, assuming interest is compounded annually. $14,000 invested at an APR of 2.4% for 25 years. The balance in the account after 25 years is $ (Round to the nearest cent as needed.) Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period. A $25,000 deposit at an APR of 5.9% with quarterly compounding for 31 years. The amount after 31 years will be $ (Round to the nearest cent as needed.)