1. Sam just deposited $5,000 into a savings account paying 3.5 percent interest, compounded annually. Assume there are no additional deposits or withdrawals.

a. After four years, how much will he have in the savings account?

5000(1+.035)⁴ = $5,737.62

b. What will be the total interest at the end of the fourth year?

$5,737.62 - $5000 = $737.62

$737.62

c. What will be the total interest on principal at the end of the fourth year?

$700

d. What will be the total interest on interest at the end of the fourth year?

$37.62

Can you please explain how to get the answers for part C and D?