Question 4 2 pts Sam opened a savings account that compounds interest at a rate of 3% annually. If Sam opened the account with $500 and made no deposits or withdrawals, how much will be in the account 10 years later? Use the RACE Model to answer the question. Restate the question. Turn the question into a statement. Answer the question. Answer all the parts. Show all your work. Draw a picture. Check your answer. Inverse operations. Show all your work. Explain your reasoning. Use transitional phrases. Question 3 2 pts The cost of a pair of tennis shoes increases about 5.1% every year. About how much would a $50 pair of tennis shoes cost 25 years from now? Use the RACE Model to answer the question. Restate the question. Turn the question into a statement. Answer the question. Answer all the parts. Show all your work. Check your answer. Inverse operations. Show all your work. Explain your reasoning. Use transitional phrases