QUIZ 1 Show all work tabel and clearly explaie your answer. Thir ir very iesportene. 1) You nast explain how you arrived at your answer in orler to get full credit. 2) If you do show your wock, and your antetr is weres you cas rtill eam a mubstant al amount of credit depending on bow serious the error is. 3) If yoor answer is wresg, and you doe? ahow your work, you witt netaiuero On January 1" 2040, Dr. HG Peabody Sherman discovers a time machine, and decides to use it to earn some spare cash. He decides to take the machine for a spin, and he visits several pivotal dates in American History: The Louisiana Purchase in 1803 The Emancipation Proclamation in 1863 Pearl Harbor in 1941 The Apollo Moon Landing in 1969 During each of these visits, Dr. Sherman deposits $1 in a bank account (suppose that each deposit was made on Jan 1 of the stated year]. Further suppose the accounts pay an interest rate of 5% per year. How much money will be in Dr. Sherman's account when he returns to January 1,2040