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lives payments Yield1 1 05% F12 delete Insert home page K up lol end M page down MA 311 -801 Name: Alexa Krieff xam Two

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lives payments Yield1 1 05% F12 delete Insert home page K up lol end M page down MA 311 -801 Name: Alexa Krieff xam Two Spring 2024 You have all your accounts as below. a) You deposit $1,000 in Bank A and pay 3.5% simple interest per year. How much will you have in Bank A at the end of ten years? b) You deposit another $1,000 in bank B, at what interest rate (in percent) compounded annually will $1,000 grow to $1,150 in five years? Round your answer to two decimal places. c) You invested $2,000 to another new bank C. How long will it take for that amount to grow to $10,000 at 6% compounded semi-annually? Round your answer to the nearest whole number. Q ) F = P + I I = Prt

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