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please answer both. The Milken Company is offering you an investment that promises you $10,000 at the end of 12 years if you invest $

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The Milken Company is offering you an investment that promises you $10,000 at the end of 12 years if you invest $ 5,024 today. What is the annual return on this investment? (Compute your answer as a percent rounded to 2 decimal places. Record without a percent sign. For example, record .0848765 = 8.48765% as 8.49) Your Answer: 5.90 Answer Question 15 (6.76 points) Sam refuses to retire until his retirement account has a balance of at least $ 440,949 . Sam refuses to make any more deposits in the account. The account currently has a balance of $ 114,775 and earns 6% per year, compounded semi-annually. How long does Sam have before he will retire? (You are computing number of years. Round your answer to one decimal place. For example, record 14.294 years as 14.3). Your

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