Question: please answer these two question Assume a term deposit pays simple interest of 0.5% per month. What will be the value of a $3,000 investment

please answer these two question

Assume a term deposit pays simple interest of 0.5% per month. What will be the value of a $3,000 investment after 19 months? $3,330 $3,254 $3,270 $3,285 You invest \$2,000 three years from today, and an additional $1,000 five years from today, all at a rate of 6%, compounded monthly. How much money will you have 10 years from now? $4,390 $4,345 $4,561 $4,047

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