Future value You have $600 to invest. If you put the money into an account earning 4% interest compounded annually, how much money will you have in 12 years? How much money will you have in 12 years if the account pays 4% simple interest? If you put the money into an account earning 4% interest compounded annually, after 12 years you will have $ (Round to the nearest cent.) If you put the money into an account that earns 4% simple interest, after 12 years you will have $ . (Round to the nearest cent.) Enter your answer in each of the answer boxes