1.	Twyla puts $1000 in a savings account that pays 4% interest, compounded monthly. How much money will be in the account 3 years later if she makes no more deposits?
		A.	$1124.86	B.	$1010.03
		C.	$1120.00	D.	$1127.27
		Hint
	2.	If a $5000 piece of equipment looses value at a rate of 5% per year, how much will it be worth after 5 years?
		A.	$6381.41	B.	$4279.35
		C.	$4011.62	D.	$3868.90
		Hint
	3.	Lance is planning to invest $5000 for a period of 3 years. He has a choice of four different investments. Which of the combinations of interest rates and compounding below will earn the most money?
		A.	7.2%, annually	B.	7.1%, monthly
		C.	7.125%, quarterly	D.	7%, daily
		Hint
	4.	Ricky invested $1000 in an account at 8% interest compounded quarterly. How much money will he have earned on the account after 7 years?
		A.	$1,713.82	B.	$741.02
		C.	$713.82	D.	$1,741.02
		Hint
	5.	Suppose inflation of money is at a rate of 3% per year in the United States. How much will a $1 candy bar cost in 30 years?
		A.	$1.90	B.	$0.40
		C.	$4.32	D.	$2.43
		Hint