This is all one question, there was just a lot of blanks and I wanted to make sure i gave u the options in all the pull down tabs. Thank you again.

David So, why is it important to be able to calculate the future value of some amount invested? Jennifer First, remember that the amount invested is usually called and the maturity payment nt to be able to amount earned during the investment period is called principal calculate a future value so that you can know in advance w principal will be worth after earning a specified for a known David OK, I understand that, and I know the amount of principal invested today can be called the value of the investment, whereas the amount realized after the passage of t period of time is called its value. But what causes the present and future values to be different values? Jennifer Two things cause the present and future values to be different amounts. First, the earned during the investment period causes the future value to be greater than equal to, or less than the present value. Second, the method used to calculate the interest earned that is, whether the account pays interest-determines the amount by which the future value differs from the present value. David That makes sense, and I remember Dr. Taylor saying that the difference between simple and compound interest is that in the case of interest, interest is earned solely on the invested principal, but in the case of interest, interest is earned not only on the principal but also on previously earned interest Jennifer Very good! So, here's your next question. Assuming equal amounts of principal, interest rates and investment periods, which type of account should produce the greater future value: the account earning simple interest or the account earning compound interest? David By my reasoning, the account earning interest should have the greater future value, assuming identical amounts of principal, interest rates, and investment periods. Jennifer Again, correct! But now, I want you to prove it. So let's assume that you invest $2,000 into two different accounts, both of which earn 7% per year, and the money is invested for three years Account A earns simple interest, while account X earns compound interest. By how much will the future value of account X exceed the future value of account A? Here is a sheet of paper, show me how to calculate the future values of the two accounts David OK, let me see what I can do