1. How much would be in your savings account in 11 years after depositing $150 today, if the bank pays 7% per year?

( Show all work)

2. A deposit of $350 earns the following interest rates: (a) 8% in the first year, (b) 6 in the second year, and (c) 5.5 in the third year. What would be the third year future value?

(Show all work)