Question 11 11 point) fan-David's mother said that when Juan-David graduates from university in four years, she would gift him $12,000 to invest in a segregated fund. Since Juan-David has his own savings of $8,000, he was curious to know whether or not he could match his mother's gift What minimum annual rate of interest must Juan-David's $8,000 in savings earn for him to be able to match his mother's $12,000 in four years? a) 7% O 9% Od 11% 1 d) 13%