Question: please help solve! :( (Related to Checkpoint 5.2) (Future value) (Simple and compound interest) If you deposit $1,000 today into an account earning an annual

(Related to Checkpoint 5.2) (Future value) (Simple and compound interest) If you deposit $1,000 today into an account earning an annual rate of return of 10 percent, in the third year how much interest would be earned? How much of the total is simple interest and how much results from compounding of interest? If you deposit $1,000 today into an account earning an annual rate of return of 10%, in the third year how much interest would be eamed? (Round to the nearest cent.) (Related to Checkpoint 5.6) (Solving for i) At what annual interest rate, compounded annually, would $480 have to be invested for it to grow to $1,892.23 in 15 years? The annual interest rate, compounded annually, at which $480 must be invested for it to grow to $1,892.23 in 15 years is %. (Round to two decimal places.)
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