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Brian made periodic deposits into a savings account at the end of every month for...

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Accounting

Brian made periodic deposits into a savings account at the end of every month for 5 years. The investments were earning 4.50% compounded quarterly and grew to $12,750.00 at the end of 5 years.
a. Calculate the size of the month-end deposits.
$193.56
$189.97
$149.94
$186.49
b. How long will it take for the $12,750.00 to accumulate to $34,225.00 if the interest rate remained the same and he continued making the same month-end deposits throughout the term?
7 years and 7 months
11 years and 7 months
6 years and 7 months
6 years and 9 months

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