Complete thefollowinginvestments, which shows the performance(interest andbalance) over a5-year period.

Suzanne deposits $4000 in an account that earns simple interest at an annual rate of 3.7%. Derek deposits $4000 in an account that earns compound interest at an annual rate of 3.7% and is compounded annually.

Year Suzanne's Annual Interest Suzanne's Balance Derek's Annual Interest Derek's Balance

1 $____ $____ $____ $____

2 $____ $____ $____ $____

3 $____ $____ $____ $____

4 $____ $____ $____ $____

5 $____ $____ $____ $____

Complete the following table. (Round to the nearest dollar asneeded.)

Year Suzanne's Annual Interest Suzanne's Balance Derek's Annual Interest Derek's Balance

1 $_____________ $________________ $____________________ $_____________

2 $_____________ $________________ $____________________ $_____________

3 $_____________ $________________ $____________________ $_____________

4 $___________ $________________ $____________________ $_____________

5 $_____________ $________________ $____________________ $_____________