1.If you put $1,000 into a bank account that earns 4 percent simple interest, what will be the account balance at the end of 5 years?

$1,060

$1,040

$1,020

$1,200

2.Celine B. has $5,000 today and she invests it at 6 percent per year. Approximately how many years will it take her to have $15,000?

14 years

19 years

16 years

22 years