10 Evaluate the sum (1 + r)*. *=2 A. (1+ )2 1 - (1+r)87 B. (1 + /)2 1 - (1+r)" ] -r C. (1+ r)2 1 - (1+r)107 -r D. (1+ /)2 1 - (1+r)117 -r 7/13 Question Suppose that an investment with simple interest doubles every time period. What is its interest rate? A. r= 1 B. r = 2 C. r = 100 D. r = 200Paula deposits /V dollars into an account earning interest at a rate / compounded monthly, while on the same day Srishti deposits 2/V dollars into another account earning interest under the same terms. After two years they each withdraw the balance. Which of the following statements are true? A. Srishti has exactly twice the amount that Paula has. B. Srishti has more than twice the amount that Paula has. C. Srishti has less than twice the amount that Paula has. D. The answer depends on N or r. 9 / 13 Question Suppose that you invest $1000 in an account A that compounds 1% monthly for six months, and then 3% monthly for six months, and $1000 in an account B that compounds 2% for twelve months. Which account has more money at the end of the year? A. A > B. B. B > A. C. A = B. D. There's no way to tell