Question: Help Save & E: You deposit $2,900 in your bank account. a. If the bank pays 3% simple interest, how much will you accumulate in

 Help Save & E: You deposit $2,900 in your bank account.

Help Save & E: You deposit $2,900 in your bank account. a. If the bank pays 3% simple interest, how much will you accumulate in your account after 9 years? Future value b. How much will you accumulate if the bank pays compound interest? (Do not round Intermediate calculations. Roul answer to 2 decimal places.) Future value

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