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1. A depositor placed $1,000 in an account paying 4% annual rate of interest with annual compounding. How much will be in the account after
1. A depositor placed $1,000 in an account paying 4% annual rate of interest with annual compounding. How much will be in the account after 5 years? 2. A depositor placed $1,000 annually at the beginning of each year 10% annual rate of interest with annual compounding. How much will be in the account after 15 years? 3. An employee has a 401(k) balance of $56,000. If the money is invested in the stock market and will earn 9% annually, how much will the employee have in the account in 20 years
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