Question: Please can I get a solution to the two questions attached here? Thank you! 10. Norma Jean is thirty years old. She decided to invest

Please can I get a solution to the two questions attached

Please can I get a solution to the two questions attached here? Thank you!

10. Norma Jean is thirty years old. She decided to invest $1,000 a year (at the end of each year) for retirement. How much will she have by the time she retires at age 60 if the interest rate is 5%? a. $84,345.67. b. $94,460.79. C. $66,438.85. d. None of the above 11. If you invest $5,000 today at interest rate of 5% compounded semiannually, what will be the value of your investment after five years? a. $5,65704 b. $6,381.41 c. $6,400.42 d. none of the above

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