Suppose you deposit $100 in the bank savings account at 10 percent interest compounded annually for five years. What is total interest on interest? 11.05 12.34 17.29 23.34 30.09 Question 5 (10 points) Suppose you plan to take a "graduation vacation to Europe when you finish college in two years. If your savings account at the bank pays 6 percent annual interest rate, how much money do you need to set aside today to have $8,000 when you leave for Europe? 7,001,76 7.119.97 6,982.96 6,997.13 6.899.14