Suppose you deposit 1,000$ in a savings account that pays interest at an annual rate of 6%. If no money is added or withdrawn from the account, answer the following questions.
a. How much will be in the account after 4 years?
b. How much will be in the account after 17 years?
c. How many years will it take for the account to contain 1,500$?
d. How many years will it take for the account to contain 2,000$?
