First City Bank pays 8 percent simple interest on its savings account balances

First City Bank pays 8 percent simple interest on its savings account balances whereas Second City Bank pays 8 percent interest compounded
annually.

If you made a $65000 deposit in each bank how much more money would you earn from your Second City Bank account at the end of 8 years?
(Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g.
32.16))

Difference in accounts ______

At 6.90 percent interest how long does it take to double your money? (Round your answer to 2 decimal places.
(e.g. 32.16))

Length of time _____ years

At 6.90 percent interest how long does it take to quadruple it? (Round your answer to 2 decimal places. (e.g.
32.16))

Length of time _______ years