This is a two part question! Please provide as much detail as possible, thank you!

[3. T] 10 Kenneth needs $5000 for university in 5 years. His parents plan to invest some money in an account paying interest at a rate of 7.2% per annum, compounded monthly How much should they invest now to have $5000 in 5 years. [3. T] 11 Jasveen plans to invest $700 in her RRSP at the end of each month for 7 years. If she earns 8.4% interest compounded monthly, how much will her RRSP be worth after the last payment is made