works nights andLochlan weekends at a local grocery store. Over the past several years, he has saved $3,000. Lochlan would like to invest the money so he can buy a house in 20 years. The table shows two different investment options at Lochlan’s bank. CD Money Market Account 1.75% annual simple interest 1.85% annual compound interest $1,500 minimum $3,500 minimum 4 Which type of account can Lochlan open with the money he has saved, CD or Money Market Account? Write your answer in the space provided. 5 The CD has a maturity date of 2 years. How much will Lochlan’s investment be worth after 2 years? Write your answer in the space provided. $ 6 After 10 years, Lochlan transfers his investment into a money market account. The account now earns compounded interest of 1.95% annually with a maturity date of 5 years. How much will Lochlan’s investment be worth after 5 years in the new account? the answer is 3882.36 how do I get the answer