in an account that pays 5 percent simple interest. How much money will Thomas have at the end of s years? A.S131.27 B. $137.84 C. $135.00 D. $129.60 E. $140.40 M2. What is the future value of $2,968 invested for 9 years at 4.9 percent compounded A. $4,365.03 B. $3,680.90 C. ss,884.70 D. $3,690.38 E. $7,021.38 M 3. What is the present value of $13,100 to be received 3 years from today if the discount rate is 5 percent? A. S 10,76725 B. S11,231.14 C.$7,860.00 D. $11,316.27 E. $11,882.09 M 4. Three years ago, you invested $2,900.00. Today, it is worth $3,700.00. What rate of interest did you earn A. 4.23 percent B. 8.46 percent C. 4.63 percent D. 0.71 percent E. 3.63 percent M 5. Bob bought some land costing $16,340. Today, that same land is valued at $46,717. How long has Bob owned this land if the price of land has been increasing at 4 percent per year? A. 27.85 years B. 26.78 years C. 11.00 years D. 28.96 years E. 11.44 years Page 2 of 8