Posted by **Boobear** on Friday, April 12, 2013 at 10:57am.

Problem #1: Find the total amount if you deposit $500 at a rate of 5% for two years using simple interest.

Year 1

Year 2

Problem #2: Find the total amount if you deposit $300 at a rate of 6% for three years using simple interest.

Year 1

Year 2

Year 3

Problem #3: Find the total amount if you deposit $ 600 at a rate of 5% for two years compounded annually.

Year 1

Year 2

Problem #4: Find the total amount if you deposit $800 at a rate of 8% for a total of four years compounded annually.

Year 1

Year 2

Year 3

Year 4

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