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( Year 2: $114.49 Year 3: $122.50 Total Interest: $22.50 Year 2: $387.22 Year 3: $236.55 Total Interest: $77.33 Year 2: $475.87 Year 3: $325.00 Total Interest: $86.32 Year 2: $324.48 Year 3: $337.46 Total Interest: $37.46 Assuming a 4% (0.04) interest rate, $400 invested today in a savings account today will be worth $416 in one year. What will that amount be in 2 and 3 years, and what is the total interest you will earn at the end of three years. Refer to the video in the information page for assistance in calculating simple interest. Year 2: $432.64 Year 3: $449.95 Total Interest: $49.95 Year 2: $114.49 Year 3: $122.50 Total Interest: $22.50 Year 2: $558.65 Year 3: $425.78 Total Interest: $74.31 Year 2: $432.64 Year 3: $449.95 Total Interest: $49.95 Year 2: $114.49 Year 3: $122.50 Total Interest: $22.50 Year 2: $558.65 Year 3: $425.78 Total Interest: $74.31 Year 2: $244.32 Year 3: $186.54 Total Interest: $36.90 Assuming a 3% (0.03) interest rate, $300 invested today in a savings account today will be worth $309 in one year. What will that amount be in 2 and 3 years, and what is the total interest you will earn at the end of three years. Refer to the video in the information page for assistance in calculating simple interest. Year 2: $427.88 Year 3: $228.00 Total Interest: $17.59 Year 2: $114.49 Year 3: $122.50 Total Interest: $22.50 Year 2: $345.00 Year 3: $316.98 Total Interest: $33.81 Year 2: $318.27 Year 3: $327.82 Total Interest: $27.82 O Year 2: $427.88 Year 3: $228.00 Total Interest: $17.59 Year 2: $114.49 Year 3: $122.50 Total Interest: $22.50 Year 2: $345.00 Year 3: $316.98 Total Interest: $33.81 Year 2: $318.27 Year 3: $327.82 Total Interest: $27.82

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