An account was opened with $1,000 10 years ago. Today, the account balance is $1,500. If thcount paid interest compounded

annually, how much interest on interest was earned?

A. $86.20

B. $90.10

C. $96.43

D. $118.78

E. $122.34

. A guy is saving $2500 a year for retirement (end of year) and plans to retire in 20 years. If he is planning for a 25 year retirement,

what payments (end of year) can he expect to receive during his 25 year retirement if his investments are earning 10% over his

entire life?

A. $15,582

B. $15,426

C. $16,620

D. $17,576

E. $15,775

I want know the process that how to get these answer?