You are trying to save enough money to open your own garage.You have inherited $25,000.You are aware that interest rates are not much these days but you decide to put your inheritance into an interest bearing savings account until you determine a better place for your money.First Bank offers 1.5% interest compounded semi-annually.Second Bank offers 1.45% interest compounded quarterly.Based on the interest you would expect to draw in a year, which bank has the better deal?How much more interest will your money draw if you invest in the bank offering the better deal.Hint:You will likely want to use either use an on-line interest calculator or the Compound Interest formula, to help you answer the questions.