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Question 8 2 pts Your city is building a new park Write down this question in your and issues bonds to raise money notebook. You

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Question 8 2 pts Your city is building a new park Write down this question in your and issues bonds to raise money notebook. You will need it for to build it. You obtain a $1,000 another question. bond that pays 5% interest annually that matures in 6 years. How much interest will you earn? Is this a Simple Interest, Compound Interest or Annuity problem? Explain why you chose this answer. solve the problem. Question 9 2 pts Write down this question in your You deposit $3,000 in a notebook. You will need it for certificate of deposit paying 6% another question. interest, compounded monthly. How much will you have in the account after 20 years? Is this a Simple Interest, Compound Interest or Annuity Problem? Explain why you chose this answer? solve the problem. Edit View Insert Format Tools Table 12ptv Paragraph

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