Calculate answers to the following questions:
a.To what amount will a $1,600 deposit grow,assuming 9 percent annual interest,five years,and simple interest?
b.To what amount will a $1,000 deposit grow,assuming 10 percent annual interest paid semiannually,three years,and simple interest?

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The Answer of Calculate answers to the following questions:
a.To what amount will a $1,600 deposit grow,assuming 9 percent annual interest,five years,and simple interest?
b.To what amount will a $1,000 deposit grow,assuming 10 percent annual interest paid semiannually,three years,and simple interest?

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