Melanie invests $4,000 into an account offering 4% interest compounded annually. gina invests $4,000 into a simple interest savings account offering a 4.5% interest rate. what is the dollar amount of the greater balance at the end of five years? round to the nearest dollar. use the formula a = p (1 r) superscript t for compound interest; use the formula i = p r t for simple interest.