Suppose you invest $500 into a savings account. The savings account has a 4% interest rate, and the interest rate will compound quarterly.

In the space provided below, write a function rule in order to model the situation above.

In the space provided below, use the information from question 5 in order to find the amount of money in the account after 6 years. Show all work, round your answer to the nearest cent, and write your answer in a complete sentence.​