Part 2: Investments (15 points) Another component of financial security is planning for retirement; one of the ways you can save is mutual funds, otherwise known as 401K retirement accounts. Below is a snapshot of two mutual funds. I want you to compute the interest rate on each investment over time period 2011-2020 that this table illustrates. So, here are the principle (P) or initial investments for each Massachusetts Mutual Fund - $12,400.00 The Growth Fund of America- $5,000.00 Here are what each investment is currently worth (F): Massachusetts Mutual Fund - $25,550 The Growth Fund of America - $12,910 a. To compute the average rate for both investments 7, use the formula from 5.2: F = P(1+1)". Don't forget to convert *7 and "n" to monthly. Complete the table showing all work. Massachusetts Mutual Fund The Growth Fund of America 2014 2011 2011 2012 2012 | 2013 (2013 2014 2015 2015 12016 2016 2017 2017 2018 2018 zold 2014 2020 2020 b. Now, moving forward how long will it take for the sum of the two investments $368,410 to reach $150,000 using the average of the two rates which is 9.4%? Use the compound yearly formula and solve for n: A = P(1 + i)". You will only need a single answer here