Assuming a 5%(0.05) interest rate, $400 invested today in a savings account today will be worth $420 in one year. What will that amount be in 2 and 3 years and what is the total interest you will earn at the end of three years. Refer to the video in the information page for assistance in calculating simple interest. Year 2: $114.49 Year 3: $122.50 Total Interest: $22.50 Year 2: $441.00 Year 3: $463.05 Total Interest: $63.05 Year 2: $221.14 Year 3: $175.22 Total Interest: \$78.66 Year 2: $405.33 Year 3: $398.02 Total Interest: $56.21