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High - Ret Investments provides a Commonwealth Market Equity Fund that pays you 1 0 percent per year. If you invest $ 1 0 0

High-Ret Investments provides a Commonwealth Market Equity Fund that pays you 10 percent per year. If you
invest $100,000 today,
a) How much will you have four years from now? [2 points]
b) How much would be the total dollar amount if the fund pays simple interest during the four years?
[2 points]
c) How much interest youll get when compounding for the 4 years? [4 points]
d) How much more interest youll get when compounding for the 4 years compared with simple interest? [2 points]

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