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 Question 2[0.5+0.5=1 mark ] (Compound value solving for n ) How many years will the following take? (a) $100 to grow to $298.60 if invested at 20% compounded annually (b) $53 to grow to $78.76 if invested at 2% compounded annually Question 3[0.5+0.5=1 mark ] (Compound value solving for) At what annual rate would the following have to be invest (a) $50 to grow to $280.20 in twenty years (b) $200 to grow to $497.60 in five years