Question: 1. How much interest will be earned on $10,000 in 5 months if the annual simple interest rate is 2.0%? CI 2. What is the

1. How much interest will be earned on $10,000 in 5 months if the annual simple interest rate is 2.0%? CI 2. What is the better investment: a. $1,000 invested for 5 years at 5% compounded quarterly? OR b. $1,000 invested for 5 years at 5.5% compounded annually? Show your work!

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