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(Related to Checkpoint 5.2) (Future value) Leslie Mosallam, who recently sold her Porsche, placed $8,600...

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(Related to Checkpoint 5.2) (Future value) Leslie Mosallam, who recently sold her Porsche, placed $8,600 in a savings account paying annual compound interest of 4 percent. a. Calculate the amount of money that will accumulate if Leslie leaves the money in the bank for 3,7 , and 17 year(s). b. Suppose Leslie moves her money into an account that pays 6 percent or one that pays 8 percent. Rework part (a) using 6 percent and 8 percent. c. What conclusions can you draw about the relationship between interest rates, time, and future sums from the calculations you just did? (Round to the nearest cent.)

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