Free Response Computational Sample Questions 6. If you deposit $1000 in a bank account today at 10% interest per year compounded annually and again at the beginning of each year for 9 additiona years, how much money is in the account at the end of 15 years? 7. You deposit $100 into the bank at 6% annual interest compounded quarterly. What is your effective annual interest rate? How much money is in the account at the end of year 2