Every year Professor Y deposits $1,200 into an account that he intends to use for research funding at a later date. The money is deposited in a specific way: each year the $1,200 is actually deposited as 4 equal deposits. In particular, at the end of each quarter of the year, $300 is deposited. The account pays an annual nominal rate of interest of 12% convertible quarterly. This continues for 9 years. To the nearest dollar, the amount in the account the day after the final deposit is:

Suppose life expectancy in years (l) is a function of two inputs, health expenditures (h) and nutrition expenditures (n) in hundreds of dollars per year. the production function is upper l equals ch superscript 0.40 baseline upper n superscript 0.60l=ch0.40n0.60. beginning with c = 1, a health input of $400400 per year (hequals=44) and a nutrition input of $400400 per year (nequals=44), show that the marginal product of health expenditures and the marginal product of nutrition expenditures are both decreasing. the marginal product of health expenditures when h goes from 44 to 55 is nothing, and the marginal product of health when h goes from 66 to 77 is nothing. (round your answers to three decimal places.)