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MargaretMooredeposited $2,900today in an account paying5percent interest annually. (Round answers to 0 decimal places, e.g. 5,713.) a. What would be the simple interest earned on

MargaretMooredeposited $2,900today in an account paying5percent interest annually.(Round answers to 0 decimal places, e.g. 5,713.)

a. What would be the simple interest earned on this investment in5years?

Simple interest on investment$

b. With annual compounding, how much interest-on-interest would Tina earn in5years?

Interest-on-interest$

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