Question: You deposit $ 2 , 1 0 0 in your bank account. If the bank pays 5 % simple interest, how much will you accumulate

You deposit $2,100 in your bank account.
If the bank pays 5% simple interest, how much will you accumulate in your account after 8 years?
How much will you accumulate if the bank pays compound interest?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

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