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# Elsa received a $2100 bonus. She decided to invest it in a 5-year certificate of deposit (CD) with an annual interest rate of 1.49% compounded quarterly. Answer the questions below. Do not round any

Elsa received a $2100 bonus. She decided to invest it in a 5-year certificate of deposit (CD) with an annual interest rate of 1.49% compounded quarterly.Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the

(a)Assuming no withdrawals are made, how much money is in Elsa's account after 5 years?$

(b)How much interest is earned on Elsa's investment after 5 years?