You invest $$800$ at an annual rate of $8\%$ for $12$ years. How much more interest would you earn with compound interest than with simple interest for $($a$)$ the whole $12$ years; and $($b$)$ in just year $7$ by itself?

Solve for Questions $5-10,$

COMPOUND VS$.$ SIMPLE INTEREST

WHAT IS THE ANNUAL RATE:

WHAT IS THE AMOUNT TODAY:

WHAT IS THE ENDING YEAR:

WHAT IS THE SINGLE YEAR WITHIN FULL PERIOD:

$5)$ TOTAL INTEREST FOR FULL PERIOD

$6)$ SIMPLE INTEREST FOR EACH AND EVERY YEAR

$7)$ SIMPLE INTEREST FOR FULL PERIOD

$8)$ MORE COMPOUND INTEREST THAN SIMPLE FOR FULL PERIOD

$9)$ COMPOUND INTEREST FOR SINGLE YEAR WITHIN FULL PERIOD

$10)$ MORE COMPOUND INTEREST THAN SIMPLE FOR SINGLE YEAR