Question: Please help me to understand these two problems listed in the photo below. Thank you so much . . . . 11. -/1 points HarMathAp

Please help me to understand these two problems listed in the photo below. Thank you so much . . .

11. -/1 points HarMathAp 12 6.2.037.MI. My Notes For her 1st birthday, Ruth's grandparents invested $700 in an 18-year certificate for her that pays 12% compounded annually. How much will the certificate be worth on Ruth's 19th birthday? ( Round your answer to the nearest cent.) Need Help? Read It Master It Talk to a Tutor 12. -/1 points HarMathAp12 6.2.041. My Notes A couple needs $50,000 as a down payment for a home. If they invest the $35,000 they have at 1 e $35,000 they have at 12% compounded quarterly, how long will it take for the money to grow to $50,000? (Round your answer to the nearest whole number.) Need Help? Read It Talk to a Tutor MacBook Air ) F12 888 F5 esc F1 20 F3 & delete @ $ % 8 9 0 LO 2 St 6 O P W m R U tab K A S F H s lock > M Z X B N

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