PART 2

Question Help e accompanying table, shows a series of transactions in a savings account. The account pays 7% simple interest, and the account owner withdraws interest as soon as it paid. Calculate the following: The account balance at the end of each year. (Assume that the account balance at December 31, 2019, is zero) The interest earned each year. The true rate of interest that the investor earns in this account The account balance at the end of 2020 is $. (Round to the nearest dollar) in sale Data Table Date Deposit (Withdrawal) Date Deposit (Withdrawal) 1/020 $4,000 1/1/22 $1,921 1/V21 ${2,849) 1/1/23 $2.246 (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet.) Print Done Question Help ad and folo You have $300 to invest. If you put the money into an account Gaming 15% Interest compounded annually, how much money will you have in 11 years? How much money will you have in 11 years if the account pays 15% simple interest? The amount of money in the account, FV, $(Round to the nearest cont.) lirection