Rework Example 6 for an \(8 \%\) interest rate.

Data from Example 6

Suppose that you deposit \(\$ 100\) at \(10 \%\) interest. Graph the total amounts you will have if you invest your money at simple interest and if you invest your money at compound interest. Recall the appropriate formulas:
\[\begin{array}{ll}\text { Simple interest: } & A=P(1+r t) \\\text { Compound interest: } & A=P(1+r)^{t}\end{array}\]