1. If you win the lottery and you put the one million dollars in a savings account at 4% compounded monthly for 5 years while you are in college how much will you have in the account at the end of the 5 years, and how much interest did you make?

N = ____________ FV = ___________ Amount at End ____________________

I = ____________ P/Y = __________

PV = ___________ C/Y = __________ Interest made_____________________

Pmt = __________ pmts: End Begin