First City Bank pays 4.6 percent simple interest on its savings account balances, whereas Second City Bank pays 6.3 percent interest compounded annually. If you made a $493 deposit in each bank, how much more would the Second City Bank account be worth than the First City Bank account at the end of 3 years

Warren company plans to depreciate a new building using the double declining-balance depreciation method. the building cost $870,000. the estimated residual value of the building is $57,000 and it has an expected useful life of 20 years. assuming the first year's depreciation expense was recorded properly, what would be the amount of depreciation expense for the second year?