Some times, we use a different future value factor such as {(1+(it)}. we call this i a simple interest rate. In this case, Future Value =PV{1+(it)}, where i= annual simple interest rate, t= time in years. John deposits $.00 at a simple interest rate of i per annum at time 0 . At the end of 10 years, he has $150 in his account. Lolita deposits $200 at a simple interest rate of 2i per annum at time 0 . How much is in Lolita's account at the end of 20 years? (use an integer number without $ sign. For example, $123.00123 ) *Unless otherwise specified, it is assumed that the interest is a compound interest, not simple interest rate in this course