Question: I need the answer and how to solve it please, for these 2 problems 2) Julio invests $4,218 in a savings account with a fixed

I need the answer and how to solve it please, for these 2 problems

2) Julio invests $4,218 in a savings account with a fixed annual interest rate of 3% compounded 3 times per year. What will the account balance be after 5 years? 4) Mark invests a sum of money in a savings account with a fixed annual interest rate of 4% compounded 3 times per year. After 4 years, the balance reaches $9,877.55. What was the amount of the initial investment

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