Question: Please please please answer both. Homer deposited $350 in the bank today and plans to make the same deposit next year and again the year

Please please please answer both. Homer deposited $350 in the bank today and plans to make the same deposit next year and again the

Please please please answer both.

Homer deposited $350 in the bank today and plans to make the same deposit next year and again the year after that. How much will Homer have in the bank in two years? Homer's bank pays an interest rate of 6%. $764 $1,531 $1,114 $1,181 Homer plans to deposit $150 in the bank in one year. He plans to make the same deposit two years from today and three years from today. How much will Homer have in the bank in four years? Homer's bank pays an interest rate of 5.6%. $502 $476 $652 $689

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