Question: Can you please solve the two problems Suppose an account pays 15% simple annual interest, and $7,731 is deposited into the account. If the interest

Can you please solve the two problems

Suppose an account pays 15% simple annual interest, and $7,731 is deposited into the account. If the interest is paid annually and no money is withdrawn from the account since the initial deposit, find the balance in the account after 4 years. Round answer to two digits after the decimal point. D Question 10 1 pts Suppose an account pays 11% simple annual interest, and $5,194 is deposited into the account. If the interest is paid monthly and no money is withdrawn from the account since the initial deposit, find the balance in the account after 29 months. Round answer to two digits after the decimal point

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