Mathematics, 02.04.2021 05:50 ctyrector
Neal deposited $5,000 into an account that earns 6.5% simple annual interest. Aleli deposited $5,000 into an account that earns 4% compound interest,
compounded annually. Which investment earns more interest after 3 years? How much more?
Aleli's investment: $375.00
Neal's investment; S375.00
Neal's investment: $350.68
O Aleli's investment: $350.68
Answers: 1
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Neal deposited $5,000 into an account that earns 6.5% simple annual interest. Aleli deposited $5,000...
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