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Question 10 (1 point) Twenty years ago Harminder invested $5,000. For the first 10 years he earned 13% compounded semi-annually. For the next ten years,

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Question 10 (1 point) Twenty years ago Harminder invested $5,000. For the first 10 years he earned 13% compounded semi-annually. For the next ten years, he earned 8% compounded quarterly. How much interest was earned over the twenty-year period? A/ Question 11 (1 point) You owe a fixed amount of $9,500, payable three years from now. Your creditor can earn 4.2% compounded monthly on a low risk investment. If you wanted to pay your debt today, how much would you pay your creditor? A/

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