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Question 1 (1 point) $3000 is invested in a mutual fund that pays 4.6% per year compounded quarterly for 10 years. If we want to
Question 1 (1 point) $3000 is invested in a mutual fund that pays 4.6% per year compounded quarterly for 10 years. If we want to find the amount of money at the end of the term, what value would we use for n in the compound value formula? Oo.0115 O0.046 O 10 O 40 Question 2 (1 point) $450 is invested in a TFSA that pays 3.6% per year compounded monthly for 5 years. If we want to find the amount of money at the end of the term, what value would we use for / in the compound value formula? 0.036 O 0.3 O0.003 O 0.432
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