Future value You have $300 to invest. If you put the money into an account earning 6% interest compounded annually, how much money will you have in 8 years? How much money will you have in 8 years if the account pays 6% simple interest? If you put the money into an account earning 6% interest compounded annually, after 8 years you will have $ (Round to the nearest cent.) If you put the money into an account that earns 6% simple interest, after 8 years you will have $ . (Round to the nearest cent.)