Question: Question 1 18 points Simple Interest Find the simple interest earned if you invest 545 in a savings account that earns 3 25 for two

Question 1 18 points Simple Interest Find the simple interest earned if you invest 545 in a savings account that earns 3 25 for two years O 34 67 O 35 43 36 00 O 354 35 Question 2 18 points The equation for compound interest is A P 1 7 where Pis the initial amount invested r is the interest rate as a decimal nis the number of times compounded annually and f

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