You received a $1 savings account earning 5% (compounded annually) on your 1st birthday (hint: at the end of your 1st year), How much will you have in the account on your 40 th birthday if you don't withdraw any money by then? Selected answer will be automatically saved. For keyboard navigation, press upidown arrow keys to select an answer, a $5.89 b $6.34 C $6.70 d $7.00 e $7.04 Question 4 Your grandfather placed $5,000 in a trust fund for you. In 10 years, the fund will be worth $10,000. What is the rate of return on the trust fund (compounded annually]? Selected answer will be automatically saved. For keypoard navigation, press up/down arrow keys to select an answer. a 5.98% b 7.1896 c 8.76%