Question: please answer both questions How much would you need to deposit today into an account earning 7.2% p.a. compounding quarterly, to have $9.413 at the

please answer both questions

How much would you need to deposit today into an account earning 7.2% p.a. compounding quarterly, to have $9.413 at the end of year 2 ? Your Answer: Answer Question 9 (1.5 points) You can earn 5.8% p.a. (compounded annually) on a deposit account. How many years does it take to triple your initial deposit? Hint: you can assume the initial deposit as $1000, or $2000, or any other amount. Keep TWO decimal points. Your

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