Question: Question 7 (Mandatory) (1 point) Shayla invests $3000 for 8 months in an account that earns 7.7% interest per year. What amount will Shayla receive

Question 7 (Mandatory) (1 point) Shayla invests $3000 for 8 months in an account that earns 7.7% interest per year. What amount will Shayla receive when the investment matures? O a) $3154 0 b) $154 0 C) $52176 Q d) $2846 Question 8 (Mandatory) (1 point) An investment earning 3.1% compounded monthly is worth $4200 after 5.5 years. Determine the interest earned on the investment. 0 a) $767.89 0 b) $658.35 0 c) $657.60 0 d) $649.20

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