Mathematics, 23.10.2020 22:30 abbie722
Carter deposits $200 into a new savings account that pays 6% simple interest annually. Reese deposits $200 into a new savings account that pays 6% interest compounded annually. If both Carter and
Reese leave their $200 deposit in their accounts for 6 years, how much more will Reese's deposit eam in interest than Carters deposit
Explain all steps taken to solve the problem
Answers: 3
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Carter deposits $200 into a new savings account that pays 6% simple interest annually. Reese deposit...
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