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Question 1 2 ( 8 points ) You invest $ 4 , 4 0 1 in an account today. You make no additional deposits into

Question 12(8 points)
You invest $4,401 in an account today. You make no additional deposits into the account. One year from today there is $5,011 in the account. What is the nominal interest rate that you earned on your money? (Record your answer as a percent rounded to 1 decimal place; for example, record .527945=52.8% as 52.8).
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Question 13(8 points)
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Assume Bill Jones invested $1,907.87 into an account exactly one year ago. The account has an interest rate of 5.3% p.a. How much does Bill have in his account today (that is, exactly one year after the initial deposit)?(Round your answer to the nearest cent and record your answer without a dollar sign and without commas. For example, record $1,356.8382 as 1356.84).
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