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You deposit $1,000 in a bank account at the beginning of Year 1. How much will be in the account after five years at the

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You deposit $1,000 in a bank account at the beginning of Year 1. How much will be in the account after five years at the end of Year 5? The interest rate on the account is 8% compounded annually. $3,993 $681 $677 U $1,477 O $6,463 $1,469 $9,549 $5,867 2 You deposit $1,000 in a bank account at the beginning of Year 1. How much will be in the account after 11 years at the end of Year 11? The interest rate on the account is 6% compounded annually. $527 $4,231

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