Question: Answer a and b 2. Emily invests $10,000 in an account that earns 5% per annum compounded monthly, for two years. a) How much does

Answer a and b

2. Emily invests $10,000 in an account that earns 5% per annum compounded monthly, for two years. a) How much does Emily have in her account after two years? [ 3 marks ] b) After the first two years the account starts to earn 4% per annum compounded weekly. How much will she have in her account in the next 4 years? [ 4 marks ]

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