Question: 2. a} Create a scenario where you decide to deposit money in the bank for savings. There are many choices. Ask yourself do want a

2. a} Create a scenario where you decide to deposit money in the bank for savings. There are many choices. Ask yourself \"do want a big interest rate or a small one\"?I Note: APT is the annual percentage yield when compounding happens every day. State the scenario along with the name of the bank you are depositing the money at, the interest rate and how many times the money will be compounded (choose between once, quarterly, monthly1 daily or continuously]. Also state the amount and how long you will leave the money in the bank. [6 F113] b) Calculate the total amount you will have in the bank at the end of this time period using one of the formulas above. {E- pts.) c] Scroll down to page SH and select Animation: Investigating the effect of P rt and n on the amount of interest earned. Change the values of P r t and n to match your scenario above. Take a screen shot ofthe animation! [3 pts.)

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2. In this chapter, the reader should reflect on the following concepts: