Compute the interest earned by $10,000.00 for five years at 10% simple interest. 

	a $6105.00
	b $5000.00
	c $15000.00
	d $1000.00
 
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Question 2 20 pts
Compute the interest earned by $10,000.00 for 5 years at 10% compounded annually.

	a $10615.00
	b $5000.00
	c $16105.00
	d $6105.00
 
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Question 3 25 pts
You are considering investing $4500 at an interest rate of 8.5%  compounded annually for 5 years (Option 1) or investing $4500 at 9.5% per year simple interest for 5 years (Option 2). Which option is better?

Option 1's value is...

	a $6637.50
	b $7084.07
	c $2137.50
	d $6766.46
 
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Question 4 25 pts
You are considering investing $4500 at an interest rate of 8.5%  compounded annually for 5 years (Option 1) or investing $4500 at 9.5% per year simple interest for 5 years (Option 2). 

Option 2's value is...

	a $6637.50
	b $7084.07
	c $2137.50
	d $6766.46
 
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Question 5 10 pts
For the problem stated in question 3.3 above, which Option is better?

	a Option 1
	b Option 2