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=0&launchUr=http5%2530%252F%252Fnewconnect.mhed LY How to Calculate Present Value @ Saved Help Save & Exit Sul Check my wor Old Time Savings Bank pays 4.25% interest on its savings account. If you deposit $1,000 in the bank and leave it there: a. How much interest will you earn in the first year? (Round your answer to 2 decimal places.) First year interest b. How much interest will you earn in the second year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Second year interest c. How much interest will you earn in the tenth year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Tenth year interest