Question: PLEASE DO BOTH 1) 2) 7% compounded quarterly, what will the balance be in Joe's account at the end of another ten years? The balance
PLEASE DO BOTH
1)

2)

7% compounded quarterly, what will the balance be in Joe's account at the end of another ten years? The balance in the account will be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) How much interest is included in the future value of an ordinary simple annuity of $1,300 paid every six months at 5% compounded semi-annually if the term of the annuity is 6 years? The interest is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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