SAVINGS ACCOUNT AT CITIZENS BANK EARNING $1\mathrm{.}25\%$ APY $(2$ pts$.$ each$)$

After Year $1,$ how much interest have you earned?

The interest pays directly into the account, after Year $1,$ how much money is in the account?

Assuming that the interest rate stays at $1\mathrm{.}25\%,$ how much money will the account earn in interest in Year $2?($Don$\text{'}$t forget that you are now earning interest on the interest paid in year $1.)$

The interest pays directly into the account, after Year $2,$ how much money is in the account?

Assuming that the interest rate stays at $1\mathrm{.}25\%,$ how much money will the account earn in interest during Year $3?$

How much money will you have in total for a down payment on a car after Year $3?$