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of 3.8% 55-56: Simple versus Compound Interest. Complete the following tables, which show the performance of two investments over a 5-year period. Round all figures
of 3.8% 55-56: Simple versus Compound Interest. Complete the following tables, which show the performance of two investments over a 5-year period. Round all figures to the nearest dollar. 55. Suzanne deposits $3000 in an account that earns simple interest at an annual rate of 2.5%. Derek deposits $3000 in an account that earns compound interest at an annual rate of 2.5%. Suzanne's | Suzanne's | Derek's Annual | Derek's Annual Interest | Balance Interest Balance Year
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