# Answer the two following questions: 1.) Anna invests $12,000 in a company that pays dividends semiannually. After

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## Question:

Answer the two following questions:

1.) Anna invests $12,000 in a company that pays dividends semiannually. After 18 months, her investment is worth $15,972. What rate does the dividend have?

2.) Van invests $1,000 at 2.1% interest compounded monthly. If she withdraws the money 3 years later, how much does she receive?