As a matter of academic honesty. I require that your work be your own. You may use any of your course resources during the homework, and you may ask me questions as well. Question 1 3 pts Assume that you open a bank account that promises a fixed rate of interest of 4% per year for 10 years, with annual compounding. The bank allows you to make additional contributions. Suppose that you make an annual deposit of $1,000 at the end of each year for 10 years (and do not take any withdrawals until the end of 10 years). You judge that the bank will remain solvent for at least 10 years. Given this information, which of the following models is the most appropriate for calculating your balance in 10 years? FV = PV(1 + r)? FV = (1+r)*-+(1+r) PV = C1-(1+r)-2 FV = c.{1+r)"42 Next