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I need answers to these two Question 7 (1 point) How much would you have after 5 years if you invested $8400 at 7.00%/a, compounded

I need answers to these two

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Question 7 (1 point) How much would you have after 5 years if you invested $8400 at 7.00%/a, compounded quarterly? Enter the answer with two decimal place, Your answer MUST be in the 6 form similar to 2.37 It cannot be 2.370 or 2.4 or 2.371 etc 8 9 Your Answer: Answer Question 8 (1 point) Peter's grandparents would like to have $28700 in 6 years, how much money must be invested today at 7.00%/a, compounded monthly? Enter the answer with two decimal place, Your answer MUST be in the form similar to 2.37 It cannot be 2.370 or 2.4 or 2.371 etc

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