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Complete the table, for the following investments, which shows the performance ( interest and balance ) over a 5 - year period. Suzanne deposits $

Complete the table, for the following investments, which shows the performance(interest and balance) over a5-year period.
Suzanne deposits $3000 in an account that earns simple interest at an annual rate of 4.8%. Derek deposits $3000 in an account that earns compound interest at an annual rate of 4.8% and is compounded annually.
Year
Suzanne's Annual Interest
Suzanne's Balance
Derek's Annual Interest
Derek's Balance
1
$____
$____
$____
$____
2
$____
$____
$____
$____
3
$____
$____
$____
$____
4
$____
$____
$____
$____
5
$____
$____
$____
$____
Question content area bottom
Part 1
Complete the following table.
(Round to the nearest dollar as needed.)
Year
Suzanne's Annual Interest
Suzanne's Balance
Derek's Annual Interest
Derek's Balance
1
$
enter your response here
$
enter your response here
$
enter your response here
$
enter your response here

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