Question 8 (3 points) Saved Your grandfather just placed $5,000 in a trust fund for you. In 12 years the fund will be worth $10,000. What is the annual rate of return (APR) on the trust fund if we assume annual compounding? (3 points) fv/pv-(1+r)^n 10000/5000= (1 + r%)^12 2-(1+r%)^12 -8.5% B Question 9 (3 points) Based on the previous question, what is the annual rate of return (APR) on the trust fund if it offers monthly compounding instead? So ERS $ 3 % 5 6 & 7 9 0 W E RT Y U S D F G H J K L