Tom makes a deposit of $5,000 in a bank account that earns interest annually at the rate of 8%. a. How much will Tom have in the account at the end of five years? b. assuming the account earns 8% compounded quarterly, how much will he have at the end of five years? c. In comparing a and b, how much additional interest do you earn with quarterly compounding? d. What are the effective annual yields for each alternative?