Faye has $5,000 that she is going to deposit into two accounts as shown:
Account Deposit Interest Type Interest Rate
#1 $2,000 Simple 5%
#2 $3,000 Compound 4%
Assuming that Faye does not make any additional deposits or withdrawals, find the combined amount of her two accounts after 15 years.
$15,902.83
$3,902.83
$8,902.83
$6,902.83