Mathematics, 02.12.2020 21:30 angiew
Ingrid opened two new bank accounts. She deposited $450 into each account.
• Account I earns 5% simple interest
• Account II earns 4 3/4% interest compounded annually.
Ingrid made no additional deposits or withdrawals. Which amount is closest to the difference in the interest that will be eamed in these accounts at the end of 3 years?
A. $1.12
B. $3.71
C. $3.38
D. $0.28
please help I need this by today!!
Answers: 2
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Ingrid opened two new bank accounts. She deposited $450 into each account.
• Account I earns 5% sim...
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