Your family owns a small construction company, copperbuild, that builds custom homes for an upscale architectural firm. your two cousins recently joined the family business, and copperbuild has decided to expand into the commercial building market. your uncle and cousins are preparing a proposal bid for a small shopping center on the west side of town. what should you remind your cousins about as they prepare the proposal bid? check all that apply.

1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%