a) $15,000 is invested in an account at time 0. At the end of 4 years, an additional $15,000 is ivested into the same account. The account is expected to return 9% interest (compounded annually). a)...

Extracted text: a) $15,000 is invested in an account at time 0. At the end of 4 years, an additional $15,000 is ivested into the same account. The account is expected to return 9% interest (compounded annually). a) What is the value in the account at the end of 10 years? b) If the same two $15,000 deposits are made (at time 0 and end of year 4) into a different account that earns a nominal annual interest rate of 8.4% compounded quarterly, in which account should the money be deposited in order to earn more interest?