C. Applications Nick has a $10,000 investment earning 8% annual interest compounded quarterly. The amount A(), after years, is given by A(t) = 10000(1.02)". The account was opened January 1, 2021. On the same day, he opened a simple interest savings account. Based on 10% annual rate of return, the amount Bit), after t years, is given by BO)=10000 10001 a. Use the given information to complete the table below. Round to the nearest dollar. t Aft) B(t) 0 5 10 15 20 1 b. Draw clearly labeled graphs of A(1) and B(l)on the grid below for running from year 0 to year 20. 60000 40000 20000 - 15 - 10 -5 O 5 10 15 20 25 C. Your friend, Rich, has $10,000 to invest. How can you briefly explain or illustrate for him the benefits and drawbacks of each account? Consider long-term versus short-term investing