1. Harnois entered into an oral contract with Neverson to lease a compact computer and a printer for three months for $600. In an attempt to rescind the contract, Harnois claimed that the contract was unenforceable because it was not in writing. Do you agree with Harnois? Why or why not?
2. If you invest $50,000 at 10% interest compounded continuously, what is the average amount in your account over one year? (Round your answer to the nearest cent.)