$5,000 8% APR 3 simple interest 4 4 years Period 0 (start of investment) Periodic Interest Balance Total Interest $ $5,000 $ Period 0 (start of investment) 9 $5,000 10 8% APR 11 Annual compounding 12 4 years Periodic Interest Balance $ $5,000 Total Interest $ Period 0 (start of investment) Periodic Interest Balance $ $5,000 Total Interest $ - 17 $5,000 18 8% APR 19 Twice yearly compounding 20 4 years