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a . You deposit $ 1 , 6 0 0 in your bank account. If the bank pays 4 % simple interest, how much will

a. You deposit $1,600 in your bank account. If the bank pays 4% simple interest, how much will you accumulate in your account after 10 years?
Future value
$
b. What if the bank pays compound interest (annually)?(Do not round intermediate calculations. Round your answer to 2 decimal places.)
Compound
interest
c. How much of your earnings will be interest on interest? (Round your answer to 2 decimal places.)
Interest on interest
$
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