Libby invested $2000 into a CD with a 5% annual interest rate - this means every year her money grows by 5%. a) Write an equation representing the amount of money in the CD over time. b) How much money will Libby have after 25 years?

You inherit one million dollars. You invest it all in three accounts for one year. The first account pays 3% compounded annually, the second account pays 4% compounded annually, and the third account pays 2% compounded annually. After one year, you earn $34,000 in interest. If you invest four times the money into the account that pays 3% compared to 2%, how much did you invest in each account?

Angela invested $15,000 in a savings account. If the interest rate is 4%, how much will be in the account in 10 years by each method of compounding? compound quarterly compound monthly compound continuously