You must show all your work to receive full credit. 1. (10 points) Suppose that you invest $1000 into a money market nd that pays 6.5% interest, compounded monthly. Answer the following questions: a) How much is the investment worth after 5 years? Answer to the nearest penny. b) When will this investment be worth $2000? c) When will this investment triple? d) Another bank has a similar fund that pays 6.4% interest, compounded continuously. Which fund is the better investment? Why? 6) When will the fund in part (0) double