Karen deposits $20,000 into an account that pays simple interest at a rate of 4% per year. David deposits $20,000 into an account that also pays 4% interest per year. But it is compounded annually. Find the interest Karen and David earn during each of the first three years. Then decide who earns more interest for each year. Assume there are no withdrawals and no additional deposits. Year Interest Karen earns (Simple interest) Interest David earns (Interest compounded annually) First sa Who earns more interest? Karen earns more David earns more. They earn the same amount. Karen earns more. David earns more. They earn the same amount. Karen earns more. David earns more. They earn the same amount. Second so sa $0 Third so