Question 1: Steve decided to deposit $4,680 into a savings account with 6

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Question 1: Steve decided to deposit $4,680 into a savings account with 6.5% interest, compounded quarterly. Assuming that no withdrawals are made, how much will he have in the account after 7 years?

Question 2: You currently have $6,000 saved in your bank account. You have decided to use $2100 for your upcoming spring break trip. What percentage of your savings did you use?