Airdrie department store is divided into three major departments: men’s clothing, women’s clothing, and home furnishings. each of these three departments is supervised by a manager who reports to the general manager. the departments are subdivided into different sections managed by floor supervisors. the home furnishings department has three floor supervisors, one for furniture, one for lamps, and one for housewares. items provided in the requirement were included in the company’s most recent responsibility report. required which items are likely to be the responsibility of the home furnishings department manager

1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%