Question: 1. What are the future value and the interest earned if $3200 is invested for 5 years at 8% compounded quarterly? 2. What interest will

1. What are the and the interest earned if $3200 is invested for 5 years at 8% compounded quarterly?
2. What interest will be earned if $6300 is invested for 3 years at 12% compounded monthly?

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