12. Thomas invests $123 in an account that pays 4 percent simple interest. How much money will Thomas have at the end of 6 years? A. $147.60 B. $152.52 C. $149.65 D. $157.44 E. $155.63 13. What is the future value of $2,968 invested for 9 years at 4.9 percent compounded annually? A. $3,680.90 B. $6,884.70 C. $3,690.38 D. $4,565.03 E. $7,021.38 14. What is the present value of $12,500 to be received 4 years from today if the discount rate is 5 percent? A. $10,797.97 B. $10,274.09 c. $10,283.78 D. $ 7,500.00 E. $10,716.74 15. You invested $1,400 in an account that pays 5 percent simple interest. How much more could you have earned over a 20year period if the interest had compounded annually? A. $749.22 B. $830.11 C. $882.19 D. $901.15 E. $914.62