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Please respond to questions based on the information in the graph below 1) According to the table, if you added 50.00 to this account every

Please respond to questions based on the information in the graph below 1) According to the table, if you added 50.00 to this account every year, what effect would it have on the interest rate you earned? 2) According to the table , if the interest rate on this account were 10 percent, how much money would you have in the account at the end of the first year?

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Compound Interest Start of Principal Interest Principal at year amount earned at 5% end of year $100.00 $5.00 $105.00 $105 00 $5.25 $110.25 $110 25 $5.51 $115 76 $115. 76 $5.79 $121.55 $121.55 $6. 08 $127.63 $127.63 $6.38 $134.01 $134.01 $6.70 $140.71 $140.71 $7.04 $ 147. 75 $147.75 $7.39 $155.14 $155.14 $7.76 $162.90 10 $ 162.90 $8. 14 $ 171.04 1 1 $171.04 $8.55 $ 179.59 12 $179.59 $8.98 $188.57 13 $188.57 $9.43 $198.00 14 $198.00 $9.90 $ 207.90 15 $207.90 $10.39 $218.29

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