Question: Question 1[0.5+0.5=1 mark ] (Compound interest) To what amount will the following investments accumulate? (a) $775 invested for twelve years at 12% compounded annually (b)

 Question 1[0.5+0.5=1 mark ] (Compound interest) To what amount will the

Question 1[0.5+0.5=1 mark ] (Compound interest) To what amount will the following investments accumulate? (a) $775 invested for twelve years at 12% compounded annually (b) $21,000 invested for five years at 5% compounded annually

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