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Please answer this and show your solutions on paper. I will give you a very good feedback. on paper please :( ON PAPER PLEASE !

Please answer this and show your solutions on paper.I will give you a very good feedback. on paper please :(

ON PAPER PLEASE ! ON PAPER ! Give short explanation each answer on how you get you final answers.

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Instruction: Solve the problem below, write your solution on a bondpaper and write an explanation on how you get your final answer. A more conservative investment account pays 3% interest. If you deposit $5 a day into this account, how much will you have after 10 years? How much is from interest? Note: Assume 365 days/year (no leap years) Solution: A donor gives $100,000 to a university, and specifies that it is to be used to give annual scholarships for the next 20 years. If the university can earn 4% interest, how much can they give in scholarships each year? Solution

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