1. An amount of $800 is invested at the end of each month for 12 months into an account that pays 3% per year, compounded monthly. [K: 13] a) Determine the amount at the end of 12 months. [2] b) Determine the total interest earned. [1] 2. a) Determine the present value of monthly car payments of $590 at 6.9% per year, compounded monthly for two years. [K: 2) b) Determine the interest paid on the loan [K] 1)