Brianna wants to save the she earned from being a lifeguard over the summer. She's trying to decide which type of savings account would be best for her. All of the accounts she's considering offer the same interest rate of , however each account calculates interest differently: Account 1: The balance is calculated using simple interest. Account 2: The balance is calculated using interest compounded annually. Account 3: The balance is calculated using interest compounded quarterly. Account 4: The balance is calculated using interest compounded continuously. Part A Write an expression to model the interest earned on each account, then find the balance of each option after 3 years. Complete the table. Round your responses to the nearest whole cent, if necessary. Space used (i

Q&A Education