Above is the questions i need help with

Simple versus compound interest Financial contracts involving investments, mortgages, loans, and so on are based on either a fixed or a variable Interest rate. Assume that fixed interest rates are used throughout this question. Heather deposited $1, 700 at her local credit union in a savings $246.20 account at the rate of 8.6% paid as simple interest. She will earn $1, 858.77 Interest once a year for the next five years. If she were to make $2, 568.02 no additional deposits or withdrawals, how much money would $2, 431,00 the credit union owe Heather in five years? Now, assume that Heather's credit union pays a compound $2, 431.00 interest rate of 8.6% compounded annually. All other things $2, 568.02 being equal, how much will Heather have in her account after five $1, 846.20 years? $220.85 Before deciding to deposit her money at the credit union. Heather checked the interest rates at her local bank as well. The bank was paying a nominal interest rate of 8.6% compounded quarterly. If Heather had deposited $1, 700 at her local bank, how much would she have had in her account after five years? $2, 601.46 $1, 850.98 $242.96 $246.20