6. You deposit $200 into a bank account. Every year that account increases by 12 %. Create the corresponding equation to demonstrate your bank balance at year's end. Calculate your account balance after 5 years. 01 7. You deposit $200 into a bank account. Every year that account earns 12% simple interest. Create the corresponding equation to demonstrate your bank balance at year's end. Calculate your account balance after 5 years. I= prt