Mathematics, 12.12.2020 16:20 jcece9055
Logan and Rita each open a savings account with a
deposit of $8,100. Logan's account pays 5% simple interest
annually. Rita's account pays 5% interest compounded
annually. If Logan and Rita make no deposits or
withdrawals over the next 4 years, what will be the
difference in their account balances?
Select one:
$113.22
$134.89
$125.60
$104.05
Answers: 3
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Logan and Rita each open a savings account with a
deposit of $8,100. Logan's account pays 5% simple...
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