A bank offers an investment account with an annual interest rate of 1.15% compounded annually. Shen invests $4200 into the account for 2
years.
Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to
the list of financial formulas.
(a) Assuming no withdrawals are made, how much money is in Shen's account
after 2 years?
$0
(b) How much interest is earned on Shen's investment after 2 years?
$0