1. a) Determine the Amount of money that a $5000 investment will grow into, at 8%/a, compounded quarterly, for 10 years. (For each of #1-3, show the calculation for I and n, as in the examples.) A = P(1+i)" b) How much interest is earned? (Show your calculation in case your answer to (a) is incorrect.) 2. n= a) Determine the Amount owed to pay back a loan of $20 000, if interest is compounded at 6%/a, compounded monthly, for 5 years. How much interest was paid to borrow this money? b)