QUESTION 1For the investment with interest compounded annually, find the final balance using the formula A = P(1 + r)t. $600 for 4 years at 5%$120$129.30$720$729.301 points QUESTION 2What is the final balance for an account starting with $2000 at 3.5% interest compounded annually for 3 years? A = P(1 + r)t$2217.44$4290.75$6210.00$8100.001 points QUESTION 3Tucker invested $3500 at 2% interest compounded annually. How much interest will he earn in 3 years?$70.00$210.00$214.23$3714.231 points QUESTION 4Lindsay invested $4500 at 4% interest compounded annually. How much interest will she earn in 10 years?$180.00$187.27$1800.00$2161.101 points QUESTION 5Sunshine Bank offers 6% simple interest on deposits. Tangerine Bank offers 5% interest compounded annually. State the difference in final balances if $2000 is deposited in each bank for 2 years. $202.80$35$25$5
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