A. Beatrice invests $1,870 in an account that pays 5 percent simple interest annually. How much...

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A. Beatrice invests $1,870 in an account that pays 5 percent simple interest annually. How much MORE could she have earned over a 5-year period if the interest had been compounded annually? B. Your grandparents would like to establish a trust fund that will pay you and your heirs $250,000 per year forever with the first payment fifteen years from today. If the trust fund earns an annual return of 6.6 percent, how much must your grandparents deposit in the trust fund today? A. Beatrice invests $1,870 in an account that pays 5 percent simple interest annually. How much MORE could she have earned over a 5-year period if the interest had been compounded annually? B. Your grandparents would like to establish a trust fund that will pay you and your heirs $250,000 per year forever with the first payment fifteen years from today. If the trust fund earns an annual return of 6.6 percent, how much must your grandparents deposit in the trust fund today?

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