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1. You deposited $8400.00 today in a saving account at Fransi Bank that pays you 3% interest per year. How much money you will get

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1. You deposited $8400.00 today in a saving account at Fransi Bank that pays you 3% interest per year. How much money you will get at the end of the first year? You need $17400.00 for your tuition expenses in 5 years how much should you deposit today in a saving account that pays 3% per year? 2. You invest $174.00 today at 5% interest for 3 years, if interest is compounded under annually and semi-annually. Annually: Semi-annually

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