You can earn $$50$ in interest on a $$1,000$ deposit for eight months. If the EAR

is the same regardless of the length of the investment, how much interest will

you earn on a $$1,000$ deposit for:

a$.2$ months.

b$.1$ year.

c$.1\mathrm{.}6$ years.

a$.2-$months.

For a $2-$month, $$1,000$ deposit you will earn $$.($Round to the

nearest cent$).$ Please solve all parts.