Question: Please answer both. Thank you so much! Suppose that every 3 months, you deposit $914 into a savings account whose annual rate is 3% with

Please answer both. Thank you so much!

Suppose that every 3 months, you deposit $914 into a savings account whose annual rate is 3% with quarterly compounding. How much will you have in the account after 12 years? Round your answer to the nearest dollar.

In order to have $493,388 in 28 years, how much needs to be deposited each month into a bank account whose annual rate is 1.7% with monthly compounding? Round your answer to the nearest dollar.

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