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Complete the table, for the following investments, which shows the performance (interest and balance) over a 5-year period. Year Suzanne's Balance Derek's Balance Suzanne deposits
Complete the table, for the following investments, which shows the performance (interest and balance) over a 5-year period. Year Suzanne's Balance Derek's Balance Suzanne deposits $5000 in an account that earns simple interest at an annual rate of 3.4%. Derek deposits $5000 in an account that earns compound interest at an annual rate of 3.4% and is compounded annually. WN - Suzanne's Annual Interest $ $ $ $ $ $ $ $ $ Derek's Annual Interest $ $ $ $ $ $ $ $ 4 Complete the following table. (Round to the nearest dollar as needed.) Suzanne's Suzanne's Year Annual Interest Balance 1 $ 102 $3102 Derek's Annual Interest $ 102 Derek's Balance $3102
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