Mathematics, 19.04.2020 04:27 joeydjky

Tristan has $1,200 to deposit into two different savings accounts. Tristan will deposit $750 into Account I, which earns 2.5% annual simple interest. He will deposit $450 into Account II, which earns 2.5% interest compounded annually. Tristan will not make any additional deposits or withdrawals. Which amount is closest to the total balance of these two accounts at the end of 3 years?

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Tristan has $1,200 to deposit into two different savings accounts. Tristan will deposit $750 into Ac...

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