amira invested $67,500 in an investment fund at 5.21% compounded monthly for 8 years nd 4 months. O Calculate the future value of this amount at the end of the term. $ 104,100.28 O Calculate the amount of compound interest earned. $ 36,600.28

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Samira invested $67,500 in an investment fund at 5.21% compounded monthly for 8 years
and 4 months.
a) Calculate the future value of this amount at the end of the term. $ 104,100.28
b) Calculate the amount of compound interest earned. $ 36,600.28
Transcribed Image Text:Samira invested $67,500 in an investment fund at 5.21% compounded monthly for 8 years and 4 months. a) Calculate the future value of this amount at the end of the term. $ 104,100.28 b) Calculate the amount of compound interest earned. $ 36,600.28
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