Mathematics, 24.02.2021 23:20 lizziesuks
Evan has $4,600 to deposit into two savings accounts. Evan will deposit $2,000 into Account I, which earns 5% interest, compounded annually. Evan will deposit $2,600 into Account II, which earns 4% annual simple interest. In 3 years, which account will produce more interest, and by how much?
Answers: 2
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Evan has $4,600 to deposit into two savings accounts. Evan will deposit $2,000 into Account I, which...
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