You have been diligently saving money for the past few years and have accumulated $1000 in cash. The goal has been to save up enough money to buy a used car. You determine that it would be better to invest the money in a bank and collect interest until you are ready to make your big purchase. After speaking with a bank representative, you are given several different savings options. You will use your ability to work with financial functions to determine the best savings plan. General Instructions {:[" Solve each problem in order and save your work along the way, as you will create a "],[" professional report at the conclusion of the project. "]:} 1. First problem: Impact

You have been diligently saving money for the past few years and have accumulated $1000 in cash. The goal has been to save up enough money to buy a used car. You determine that it would be better to invest the money in a bank and collect interest until you are ready to make your big purchase. After speaking with a bank representative, you are given several different savings options. You will use your ability to work with financial functions to determine the best savings plan