Assignment Problems 1. On the day Saffron was bom, ber parents put $36,000 into an investment account that promises to pay a fixed interest rate of 11 percent per year. How much money will she bave in this account when she turns 187 Round to two decimal places. 2. At what rate must $400 be compounded annually for it to grow to $900.88 in 12 years? Submit your answer as a percentage and round to two decimal places