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Question #1 and #2 Worla Cited. Odia 1. If final amount $10000 at the interest rate 6% annually, compounded monthly after 10 years, what was

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Worla Cited. Odia 1. If final amount $10000 at the interest rate 6% annually, compounded monthly after 10 years, what was the initial amount or principal? a. $5469.33 b. $5496.33 C. $4569.33 d. $6956.33 2. How much do you need to deposit per month, at an APR 12% over a 30 year period to have $400,000 in your account? a. $234.45 b. $114.45 C. $205.45 d. $432.45

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