Question: You deposit $ 2 , 3 0 0 in your bank account. a . If the bank pays 3 % simple interest, how much will

You deposit $2,300 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?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
You deposit $2,300 in your bank account. a. If the bank

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