Mr. Jiménez has $10,000 to put into two different savings accounts. · Mr. Jiménez will deposit $4,000 into Account I, which earns 4.5% annual simple interest. · He will deposit $6,000 into Account II, which earns 4% interest compounded annually. Mr. Jiménez will make no additional deposits or withdrawals. What will be the total balance of these accounts at the end of 2 years?

We have been given that Mr. Jimenez has $10,000 to put into two different savings accounts. Mr. Jimenez will deposit $4,000 into Account I, which earns 4.5% annual simple interest. He will deposit $6,000 into Account II, which earns 4% interest compounded annually.

We are asked to find the total balance of these accounts at the end of 2 years.

We will use compound interest formula and simple interest formula to solve our given problem.

Simple interest formula:

, where,

A = Final amount after t years,

P = Principal amount,

r = Annual interest rate in decimal form.

Let us find amount earned in 2 years at simple interest.

Now we will use compound interest formula.

, where, n represents number of times interest compounded per year.

Let us add both amounts.

Therefore, the total balance of these accounts at the end of two years will be $10,849.60.

answer: a

step-by-step explanation:

10.2 units

answer: what in the world is this

step-by-step explanation: