3. How many years would it take $500 to double if you invested it in a bank that pays 4.25% per year?

4. You want to buy a new sports car 5 years from now, and you plan to save $5,800 per year, beginning immediately. You will make 5 deposits in an account that pays 4.75% interest. Under these assumptions, how much will you have 5 years from today?

5. What