1.2. Mrs Mbambo wants to host a surprise 21st birthday party for her daughter, She found a financial institution that offered her interest rate of 8,9% compounded Annually or 6,9% and 7.4% respectively compounded quarterly. She decided to invest her bonus together with 30% of her monthly salary for 2 years Compounded quarterly.

1.2.1.Calculate how much money will she have after the investment period (6) ​