What is the future equivalent of $500 invested at 8% simple interest per year for two and half years? (1 MARK) In Europe people are experiencing negative interest rates. This means banks charge their customers for protecting the patron's money. If 10,000 euros (European Union currency) is deposited in a "savings" account that is subject to a negative interest rate of 1% per year, how much money will the customer have in 5 years? (1 MARK)