The principal represents an amount of money deposited in a s

The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.PrincipalRateCompoundedTime2 years40008%quarterlyA. Find how much money there will be in the account after the given number of years.B. Find the interest earned.A. The amount of money in the account after 2 years is ​$.​(Round to the nearest hundredth as​ needed.)B. The amount of interest earned is ​$.​(Round to the nearest hundredth as​ needed.)