Question: please help. it's grade 11 collee math on compound Interest. Thank you so much! 5. The above graph shows a. an investment that is compounded

please help. it's grade 11 collee math on compound Interest. Thank you so much!

please help. it's grade 11 collee math on
5. The above graph shows a. an investment that is compounded monthly. b. an investment that is compounded quarterly. C. an investment that is compounded semi-annually. d. an investment that is compounded annually. 6. The above graph shows a. the future value of a $2000 investment. b. the initial amount needed to get $2000 by investing. C . the value of an investment after three years. d. the interest rate paid on a loan. 7. Harnan invests $1500 in a 5-year GIC that matures with a final amount of $1986.71. The interest is compounded semi-annually. Determine the compound annual interest rate and the equivalent simple annual interest rate needed to give the same amount. a. 5.7% , 11.4% C. 5.7%, 6.5% b. 6.5%, 13.0% d. 0.57%, 0.65% 8. Evaluate 1000(1.024) . Round your answer to two decimal places. a. 909.49 C. 909.00 b. 909.50 d. 910.00 9. Evaluate 894(1.12) . Round your answer to two decimal places. a. 636.30 C. 636.33 b. 636.31 d. 635.34 10. Jasmine needs $1000 in 2 years. She has found a fund that pays 5% per year, compounded monthly. How much money should she invest today to reach her goal? a. $905.03 $899.99 b. $900.00 d. $950.00 pplication

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