Question: 1& 2 please !! - Compound Interest Course Packet on accumulated amount examples Suppose $6,000 is invested at 12% compounded quarterly (i.e., 4 times a

1& 2 please !!

- Compound Interest Course Packet on accumulated amount examples Suppose $6,000 is invested at 12% compounded quarterly (i.e., 4 times a year). (a) What will the accumulated amount be after 7 years? Exact accumulated amount (without using a calculator) dollars Accumulated amount, rounded to 2 decimal places dollars (b) How much interest accrued during the 7 years? Interest, rounded to 2 decimal places = dollars 2. [-/1 Points] DETAILS Math 110 Course Resources Compound Interest Course Packet on notation and terminology Compound Interest Course Packet on accumulated amount examples Suppose $8,000 is invested at 7% compounded continuously. (a) What will the accumulated amount be after 8 years? Exact accumulated amount (without using a calculator)= dollars Accumulated amount, rounded to 2 decimal places dollars (b) How much interest accrued during the 8 years? Interest, rounded to 2 decimal places dollars

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