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Question 2 1 pts Find FV for Investment. Assume you invest in a 6 year, 2% savings certificate for $1000 and the interest is compounded

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Question 2 1 pts Find FV for Investment. Assume you invest in a 6 year, 2% savings certificate for $1000 and the interest is compounded annually. What will be the value of this investment when it matures in 6 years? $1,126.16 $1,269.33 $1,926.16 $1,630.14 $1,766.33 Question 3 1 pts Find Rate for Investment. Assume you invest $500 in a savings certificate offering an interest rate that is compounded annually to reach a maturity value of $1,000 at the end of 6 years. What is the interest rate offered on this investment? 4.59% 16.30% 13.24% 8.08% 12.24%

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