Question: can someone pls help woth these two questions asap! Question 8 (3 points) When Erica was born, her parents opened an education savings plan. They
can someone pls help woth these two questions asap!
Question 8 (3 points) When Erica was born, her parents opened an education savings plan. They deposit $100 at the end of each month into an account that earns 8%/a, compounded monthly. Find the account balance on Erica's 18th birthday. How much interest is earned in total? e-math Question 9 (3 points) Mrs. Shaw takes out a $180 000 mortgage on a new house. The interest rate is 6.4%/a, compounded semi-annually. If she makes monthly payments of $1200.00, how long will it take to pay off the mortgage? How much interest is paid over the life of the mortgage? math A/
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