Faye has $5,000 that she is going to deposit into two accounts as shown: Account Deposit Interest Type Interest Rate
#1 $2,000 Simple 5%
#2 $3,000 Compound 4%
Assuming that Faye does not make any additional deposits or withdrawals, find the combined amount of her two accounts after 15 years.

$15,902.83

$3,902.83

$8,902.83

$6,902.83

$8,902.83

Step-by-step explanation:

8,902.83

Step-by-step explanation:

I have the same question but with different answers

except 8,902.83

add an image

step-by-step explanation:

answer:   x = 3 + √11     and     x = 3 - √11

step-by-step explanation:

x² - 6x + 9 = 11

(x - 3)² = 11

x - 3 = ±√11

    x = 3 ± √11

x = 3 + √11     and     x = 3 - √11