& N WE W caps lock A S G K shift X C B N M opt cmd control win alt Name: Alexa krieff MA 311 - 801 Spring 2024 Exam Two a) You deposit $1,000 in Bank A and pay 3.5% simple interest per year. How much will you 1. You have all your accounts as below. have in Bank A at the end of ten years? b) You deposit another $1,000 in bank B, at what interest rate (in percent) compounded annually will $1,000 grow to $1, 150 in five years? Round your answer to two decimal places. c) You invested $2,000 to another new bank C. How long will it take for that amount to grow to $10,000 at 6% compounded semi-annually? Round your answer to the nearest whole number. Q ) F = P + I I = prt