Answer the following questions. 1) Teresa invested $450 in a regular savings account that paid compound interest at a rate of 3.5% per year, compounded weekly. How much was her investment worth in two years?

$481.50

$482.62

$31.50

$32.62

$65.24

2) Vincent invested $3,000 in a regular savings account that paid compound interest at a rate of 2.75% per year, compounded quarterly. How much was his investment worth in three years?

$257.08

$771.24

$247.50

$3,257.08

$3,247.50

3) Brian invested $200 in a regular savings account that paid compound interest at a rate of 4.5% per year, compounded daily. How much was his investment worth in five years?

$45

$250.46

$50.46

$245

$252.30

4) Sierra invested $875 in a regular savings account that paid compound interest at a rate of 1.8% per year, compounded annually. How much was her investment worth in one year?

$890.75

$15.75

$189

$5,748.75

$1,575

5) Amber invested $4,500 in a CD that paid compound interest at a rate of 7.5% per year, compounded semiannually. How much was her investment worth in one year?

$337.50

$4,837.50

$4,843.83

$687.66

$343.83

6) Emily invested $15,000 in a CD that paid compound interest at a rate of 8.2% per year, compounded monthly. How much was her investment worth in one year?

$16,230

$1,277.30

$1,230

$15,327.60

$16,277.30

7) Sylvia invested $12,500 in a CD that paid compound interest at a rate of 9.1% per year, compounded quarterly. How much was her investment worth in one year?

$1,176.91

$13,637.50

$4,707.64

$13,676.91

$1,137.50

8) Monica invested $3,500 in an individual retirement account that paid compound interest at a rate of 12.5% per year, compounded monthly. She must leave the money in the account until she is at least 65 years old and has retired. How much was her investment worth in one year?

$463.46

$3,937.50

$5,561.52

$3,963.46

$437.50

9) Stephen invested $2,700 in an individual retirement account that paid compound interest at a rate of 9.8% per year, compounded quarterly. He must leave the money in the account until he is at least 65 years old and has retired. How much was his investment worth in one year?

$2,964.60

$274.48

$2,974.48

$1,097.92

$264.60

10) Miguel invested $3,000 in an individual retirement account that paid compound interest at a rate of 11.75% per year, compounded daily. He must leave the money in the account until he is at least 65 years old and has retired. How much was his investment worth in one year?

$352.50

$136,502.70

$373.98

$3,352.50