1. Interest Rate: 4% monthly Starting Balance: $124 Time Passed: 4 months How much interest has accrued if calculated as compound interest? What is the new total balance? 2. Interest Rate: 2% weekly Starting Balance: $169 Time Passed: 11 weeks How much interest has accrued if calculated as compound interest? What is the new total balance? I 3. If you deposit $4000 into an account paying 6% annual interest compounded quarterly, how much money will be in the account after 5 years? 4. If you deposit $6500 into an account paying 8% annual interest compounded monthly, how much money will be in the account after 7 years