MI. Thomas invests S108 in years? an account that pays 3 percent simple interest. How much money will Thomas have at the end of s A.$131.27 B. $137.84 C. $135.00 D. $129.60 E $140.40 M 2. What is the future value of $2.968 invested for 9 years at 4.9 percent compounded annually? A. $4,565.03 B. $3,680.90 D. $3,690.38 E. $7.021.3s 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. $10,767.25 B. $11,231.14 C.$7,860.00 D. SI1,31627 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 S. 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 oft