Question 11 Not yet answered Suppose you have the opportunity to invest $6000 in a business venture such that you will be repaid $8000 in five years. On the other hand, you can put the $6000 in a savings account that pays 5.25% compounded monthly. Which investment is better? Points out of 4.00 Flag question a. Investing in the business venture. b. Saving in the savings account. Question 12 Not yet answered The value of an investment of $5,000 earning 3.25% compounded yearly is given by A = 5000 X (1 + 0.0325)", where t is the number of years it has been invested. If the amount of your investment is now $12,000, how long has it been invested? Points out of 7.00 years.(XX.X years) P Flag question Question 13 Not yet answered ABC Pharmaceutical Inc. budgets $270 million for R&D in 2021. There are 3 projects P, Q, R, and the R&D budget will be shared by the proportions of 7:5:3 respectively. What amount of budget does the project P receive? Points out of 7.00 million ($xxx.x million) P Flag