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Directions: Simple Interest. Calculate the amount of money you will have in each account after 5...

Directions: Simple Interest. Calculate the amount of money you will have in each account after 5 years, assuming that the account earns simple interest.

1.) You deposit $1500 in an account with an annual interest rate of 4%?

Direction: Compound Interest. Use the compound interest formula to compute the balance in each account after the stated period of time, assuming that interest is compounded annually.

1.) $3,000 is invested at a APR of 1.8% for 12 years.?

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