Question: Question 1 1 pts How long must one wait (to the nearest year) for an initial investment of $1,000 to triple in value if the

Question 1 1 pts How long must one wait (to the

Question 1 1 pts How long must one wait (to the nearest year) for an initial investment of $1,000 to triple in value if the investment earns 8% compounded annually? Question 2 1 pts What is the future value of $10,000 deposited today in a bank account that pays 5.8% interest rate after 5 years? (Enter the answer in dollar format to two decimal places without the $ sign -> 1009.32 and not $1,009.32)

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