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Three years ago, ZXY deposited 11,330 in an account that has earned and will earn 8.70 percent peryear in compound interest. If CAB deposirs $2,310

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Three years ago, ZXY deposited 11,330 in an account that has earned and will earn 8.70 percent peryear in compound interest. If CAB deposirs $2,310 in an accocant today that earns simple interest, then how much simple interest per year must CAB earn to have the sarne amount of money in 8 years from today as 2,Y wat have in i years from today? Answer as an annual rate 10:820. (plus or minus .05 pehentage points) 1.53% (plus or minus 05 percentage points) 6.83% (phus or minus. 05 percentage points) 5.52% (pius or minus 05 percentage points) None of the above is within 05 peronntage points of the cocrect

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