You have $5, 700 to invest today at 9% interest compounded annually.

A.Find how much you will have accumulated in the account at the end of

(1) 5 years, (2) 10 years, and (3) 15years.

B.Use your findings in part a to calculate the amount of interest earned in (1) the first 5years (years 1 to 5)

(2) the second 5years (years 6 to 10), and (3) the third 5years (years 11 to 15).

C.Compare and contrast your findings in part b.Explain how the amount of interest earned changes in each succeeding 5 year period.

A.(1) At the end of 5years, the amount you will have accumulated is --------.

(Round to the nearest cent.)