Assume that you deposit $1,400 in the Last Canadian Bank, where it will earn simple interest of 11% per year, and you deposit another $1,400 in the First Canadian Bank, where it will earn interest of 11% per year compounded annually. Also assume that in both cases you will not withdraw any interest until three years from the date of deposit. Calculate interest to be received and the accumulated year-end balances. (Round answers to 2 decimal places, e.g. 15.25.) Last Canadian Bank First Canadian Bank Accumulated Year-End Balance Compound Interest Accumulated Year-End Balance $ Simple Interest Year 1 Year 2 2 Year 3 $