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( Related to Checkpoint 5 . 2 ) ( Future value ) ( Simple and compound interest ) If you deposit $ 1 0 ,

(Related to Checkpoint 5.2)(Future value)(Simple and compound interest) If you deposit $10,000 today into an
account earning an annual rate of return of 10 percent, in the third year how much interest would be earned? How much
of the total is simple interest and how much results from compounding of interest?
If you deposit $10,000 today into an account earning an annual rate of return of 10%, in the third year how much interest
would be earned?
9(Round to the nearest cent.)
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