Question: both questions please Answer Question 7 (1 point) How much is a $13000 investment in a savings account worth after 3 years if the bank

both questions please Answer Question 7 (1 point) How much is a $13000 investment in a savings account worth after 3 years if

both questions please

Answer Question 7 (1 point) How much is a $13000 investment in a savings account worth after 3 years if the bank pays an annual interest rate of 1%? Your Answer: Answer Question 8 (1 point) David has a savings account with a 8,000 balance today. The account earns an annual percentage rate of interest of 1.25%, compounded monthly. David plans to make no other deposits or withdrawals. How many years will it take David's account balance to double

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