Question: Answer the question below. It is important that you show your work. Either type the formula used or your inputs (PN, N, etc.) Say that

Answer the question below. It is important that you show your

Answer the question below. It is important that you show your work. Either type the formula used or your inputs (PN, N, etc.) Say that your money actually could grow as fast as the rabbit population in Australia grew, which is approximately equal to an APY of 38%. Assuming that you found a bank that would pay 38% APY and you deposited $100 into your account, how much money would you have in your account after 1 year? After 2 years? After 5, 7, and 10 years? 5 points

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