Reference no: EM132998689

Table 1 :The table below shows two savings accounts, the original amounts that were deposited, and the balances after one, two, and, three years. Savings Account ASavings Account BOriginal Deposit: $2,000Original Deposit: $2,000Balance After One Year: $2,060Balance After One Year: $2,060

Balance After Two Years: $2,121.80Balance After Two Years: $2,120

Balance After Three Years: $2,185.45Balance after Three Years: $2,180

1. Based on the table provided above: What do you notice? What do you wonder? What do you know?

2. Without doing any calculations, how do you think the balances in Savings Account A and Savings Account B will look like in the long term?

3. Do you think that what occurs in table 1 will happen in all cases? Explain your answer in detail.

4. What is one question you have about simple interest or compound interest?