Clearly and neatly show all work for each problem. Round all final answers to thenearest dollar. Do not round intermediate work.Julio recently got a $1500 tax rebate. He doesn't have any immediate needs forthe money, so he has decided to invest the money. After doing a little researchhe has found three different investment options.• The Quicksilver Account has simple interest with an APR of 4.7%.OThe Tortoise Fund earns 4% compounded daily (assume 360 days in a year).OThe What-a-Savings! Account is a standard savings account which earnsinterest weekly at a rate of 1.1%.For the first two accounts Julio will not have access to the money until theaccount matures at the end. However, for the last option (the savings account)Julio can withdraw some (or all) of his money at any time.If Julio invests his money in the Quicksilver Account for 5 years, what wouldhis ending balance be?If Julio invests his money in the Quicksilver Account for 15 years, whatwould his ending balance be?If Julio invests his money in the Tortoise Fund for 5 years, what would hisending balance be?•If Julio invests his money in the Tortoise Fund for 15 years, what would hisending balance be?If Julio puts his money into the What-a-Savings account for 15 years, whatwould his ending balance be?Which of the (five) options would you suggest to Julio? Why?