Mathematics, 15.01.2021 19:40 dathanboyd
Justin has $4,000 to deposit into two different savings accounts. Justin will deposit $1,000 into Account I which earns 4% annual simple interest. He will deposit $3,000 into account II, which earns 3.5% interest compounded annually. Justin will not make any additional deposits or withdrawal. Which amount is closest to the total balance of these two accounts at the end of 2 years.
Answers: 1
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Justin has $4,000 to deposit into two different savings accounts. Justin will deposit $1,000 into Ac...
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