QUESTION #3 h Suppose you plan to invest in two different savings accounts. At Bank of...

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QUESTION #3 h Suppose you plan to invest in two different savings accounts. At Bank of Big Bucks, you deposit $3,600 in an account that pays 5.6% annual interest, compounding quarterly, and at Mega Money Bank, you deposit $4,000 in an account that pays 3.9% annual interest, compounding monthly. Use this information to answer each of the following: a) Use the compound interest formula to determine the value of each account after 2 years. b) Use DESMOS to graph both functions on (a single set of axes) and identify the time at which the account values are the same (i.e., where the graphs intersect). (Hint: Use the settings icon to change the x and y scales so that both begin at 0; choose appropriate ending values so that the graph is readable and meaningful.) c) What is this account value? Attach the graph showing this point. d) Write a sentence that describes which account will grow faster after the time at which the values are the same. $ 59 QUESTION #3 h Suppose you plan to invest in two different savings accounts. At Bank of Big Bucks, you deposit $3,600 in an account that pays 5.6% annual interest, compounding quarterly, and at Mega Money Bank, you deposit $4,000 in an account that pays 3.9% annual interest, compounding monthly. Use this information to answer each of the following: a) Use the compound interest formula to determine the value of each account after 2 years. b) Use DESMOS to graph both functions on (a single set of axes) and identify the time at which the account values are the same (i.e., where the graphs intersect). (Hint: Use the settings icon to change the x and y scales so that both begin at 0; choose appropriate ending values so that the graph is readable and meaningful.) c) What is this account value? Attach the graph showing this point. d) Write a sentence that describes which account will grow faster after the time at which the values are the same. $ 59