1. January 2022 Diamond saved $10,000 in cash and finally decided to put it in an account. Within the next 20 years, she plans on taking it out in hopes of having made a good profit. If her account is growing at a 12% interest rate, how much money will her account have by January of 2032?

2.Sean currently has $6,490 in his saving account. Sean’s bank gives a annual interest rate of 6%. How much money will he have in 5 years in his savings account.

3. Melissa wishes to purchase a new car 5 years from today. The car she wishes to purchase costs $19,000 today, and her research indicates that the price will increase by 2% to 4% per year over the next 5 years. Estimate the price of the car in 5 years at a 2% per year and at 4% per year.

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