Question 7 1 pts Usain Bolt bought a home in San Francisco and had borrowed $1,000,000 from Bank of America at a rate of 4.25 percent (compounded monthly) for 30 years. How much interest did Usain paid in the 12th year? (Round to the nearest dollar) $29,768 $30,983 $32,149 $33,387 Question 8 1 pts Mashu Baker Inc. have generated sales of $500,000 for the current year. If they can grow their sales at a rate of 8 percent every year, how long will they take to triple their sales? (Round to the nearest year) 10 years 12 years 14 years 15 years