ng $2024)$ sec$.05$ iterest earned over $15$ years if the bank.

a$)$ Calculates the interest using simple interest $)=(Prt.$

b$)$ Calculates the interest using compound interest compounded annually.

ind interest compounded quarterly.

d$)$ Calculates the interest using compound interest compounded monthly.

$($the compound interest formula $)=(P(1+(\frac{r}{n}){)}^{nt}$