Question: 1. Find the compound amount and interest if: a. P 45 000 is invested at 5% compounded quarterly for 4 years F: (4 points) (2

1. Find the compound amount and interest if: a. P 45 000 is invested at 5% compounded quarterly for 4 years F: (4 points) (2 points) b. P 30 000 is invested at 7% compounded semi-annually for 5 years F: (4 points) 1: (2 points) c. P 5 000 is invested at 15% compounded monthly for 4 years and 9 months. F: (4 points) (2 points) 2. Find the compound interest eamed at the end of 1 year and 3 months if P 25 000 is invested at 12% compounded monthly. (4 points)

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