If you deposited money in a savings accoount that paid 1% interest, approximately how long would it take your money to double? 72 years, 36 years, 18 years, 2 years or It is impossible to determine with the information given.

If you were to deposit $1,000 into and account that paid 10 percent interest compounded semiannually, how much money would you have in that account one year from now? $1500.00, $1,102.50, $1,100.00, $1052.50 or $1050.00