PLEASE ROUND TO THE NEAREST CENT Suppose you invest $$1,000$ in an account paying $8\%$ interest per year

a$.$ What is the balance in the account after $3$ years? How much of this balance corresponds to "interest on interest"?

b$.$ What is the balance in the account after $25$ years? How much of this balance corresponds to "interest on interest"?

a$.$ What is the balance in the account after $3$ years?

The balance in the account after $3$ years is $?.($Round to the nearest cent.$)$

How much of this balance corresponds to "interest on interest?

The amount that corresponds to interest on interest is $$.($Round to the nearest cent.$)$

b$.$ What is the balance in the account after $25$ years?

The balance in the account after $25$ years is $$.($Round to the nearest cent$)$

How much of this balance corresponds to "interest on interest?

The amount that corresponds to interest on interest is $ $($Round to the nearest cent.$)$

Suppose you invest $$1,000$ in an account paying $8\%$ interest per year.

a$.$ What is the balance in the account after $3$ years? How much of this balance corresponds to "interest on interest"?

b$.$ What is the balance in the account after $25$ years? How much of this balance corresponds to "interest on interest"?

a$.$ What is the balance in the account after $3$ years?

The balance in the account after $3$ years is $$.($Round to the nearest cent.$)$

How much of this balance corresponds to "interest on interest"?

The amount that corresponds to interest on interest is $ $($Round to the nearest cent.$)$

b$.$ What is the balance in the account after $25$ years?

The b FFFFalance in the account affer $25$ years is $ $($Round to the nearest cent.$)$

How much of this balance corresponds to "interest on interest"?

The amount that corresponds to interest on interest is $5($Round to the nearest cent.$)$