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1. Your younger brother knows that you studied personal finance in university and has some assignment questions with which he needs your assistance. a) An

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1. Your younger brother knows that you studied personal finance in university and has some assignment questions with which he needs your assistance. a) An account has $33,629.70 after 7 years earning 5% per annum. What was the starting amount in the account if no other deposits or withdrawal were made on the account? [5 marks] you deposit $18,500 in a bank account that earns 9% per annum, what would be the accumulated amount after 12 years. [5 marks]

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