Question: need help with these 2 please You purchase today a 3.5%, annually compounded, 27-month bank retail CD for $1,000. How much will the certificate be

need help with these 2 please

You purchase today a 3.5%, annually compounded, 27-month bank retail CD for $1,000. How much will the certificate be worth when you redeem it at maturity? (Hint: What is the maturity in years (n)?) $1,065.00 $ 1,080.48 $1,099.07 $1,035.00 The balance on your 6.75% student loan at graduation is $12,000 to be paid in equal monthly payments over 5 years. How much of your first payment will go towards paying for the principal of the student loan? $236.20 $67.50 $168.70 $135.65

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