How long does it take for a loan of $5000 to accumulate $1000 if interest is compounded semi-annually at 10% ? 1 year, 10 months, 13 days 3 years, 9 months, 28 days 3 years, 8 months, 26 days 1 year, 10 months, 29 days Oliver borrows $5000 from Eva and writes a 90-day promissory note. The amount due back on the maturity date (legal due date) is $5137.50. After 30 days, the note is sold by Brenda to a bank that charges a simple interest rate of 10%. What are the phoceeds of the sale? $5,050.33$5,054.41$5,053.05$5,048.83