6. 3. 2. Investigating Compound Interest Use the compound interest calculator website or the TVM Solver program of a graphing calculator to assist with the calculations for this assignment. Part I 1. An investment of $2000 is made for ten years at 8.3% per annum. Determine the amount of the investment if the interest is compounded with the following frequency a) Annually b) Semi-annually. c) Quarterly d) Monthly. Based on the calculations in parts a -d above, write a concluding statement about how compounding frequency affects the amount of an investment. An investment of $2000 earns interest that is compounded annually for ten years. Determine the amount of the investment at the following annual rates of interest: a) 8.3% b) 8.4% c) 8.5% 4. 5.. d) 8.7% e) 8.9% Based on the calculations in parts a - d above, write a concluding statement about how changing the rate of interest affects the amount of an investment. An investment of $2000 is made at 8.3% per annum, compounded annually. Determine the amount of the investment if it is invested for the following time periods: a) 10 years b) 11 years. c) 12 years. d) 13 years. e) 15 years. Based on the calculations in parts a-d above, write a concluding statement about how changing the overall length of the investment affects the amount