all parts

Related to Checkpoint 5.2) (Future value) (Simple and compound interest) if you deposit $15,000 today into an account earning an annual rate of retum of 8 percent, in the third year how much interest would be eamed? How much of the total is simple interest and how much results from compounding of interest? if you doposit $15,000 today into an account earning an annual rate of retum of 8%, in the third year how much interest would be earned? (Round to the nearest cont.)