Question: Q.13 Please no attachments they don't open can you please show step by step on how to solve problem? Suppose that $4000 is deposited at
Q.13 "Please no attachments they don't open" can you please show step by step on how to solve problem?

Suppose that $4000 is deposited at 4% compounded quarterly. (a) How much money will be in the account at the end of 5 years? (Assume no withdrawals are made.) (b) How long will it take for the account to grow to $5000? (a) The account will contain $ at the end of 5 years. (Simplify your answer. Type an integer or decimal rounded to two decimal places as needed.) (b) It will take years for the account to grow to $5000. (Simplify your answer. Type an integer or decimal rounded to one decimal place as needed.)
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