How many years would it take for your $500 investment to double if it is deposited in an account with earns 7% interest which is compounded monthly? 7.709.296.929.938.018.92 QUESTION 6 How many years would it take for your $500 investment to double if it is deposited in an account with earns 9% interest which is compounded daily? 9.938.928.029.137.706.92 QUESTION 7 Bank A pays 10% interest compounded quarterly, while Bank B pays 9.9% interest compounded daily. Which of the following represent the actual returns earned in Bank A and Bank B? 9.62% and 9.64% 10.38% and 10.41% 10.38% and 11.29% 11.21% and 10.41% 11.21% and 11.29% 8.53% and 8.69%