1. Monique invests $5500 in a plan that pays 4% per year, compounded semi-annually. at the end of each year she adds $1000 to the investment. calculate the value of her investment at the end of each year for the next 5 years.

2. Simon invested $4000 at 3.75% per year, compounded semi-annually. when he closed the account, the investment was worth $6983.75. determine how long the investment was left in the financial institution.