Mathematics, 06.02.2021 21:20 m4167281

Mark will deposit $1250 in an account that earns 5% simple interest every year. His brother Tom will deposit $1200 in an account that earns 7%interest compounded annually. The deposits will be made on the same day, and no additional money will be deposited or wothdrawn from the accounts. Which statement about the balances of marks account and toms account at the end of 3 years true?

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Mark will deposit $1250 in an account that earns 5% simple interest every year. His brother Tom will...

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