Suppose you deposit $1,000 in a savings account that pays interest at an annual rate of 5%. If no money is added or withdrawn from the account, answer the following questions a. How much will be in the account after 17 years?
c. How many years will it take for the account to contain $1,500?
d. How many years will it take for the account to contain $2,000?
a. After 3 years, the amount in the account will be $ 1157.63
(Do not round until the final answer. Then round to the nearest cent as needed.)
b. After 17 years, the amount in the account will be $1
(Do not round until the final answer. Then round to the nearest cent as needed.)