Mathematics, 23.04.2021 07:30 on3lilbit
Gavin has $650 to invest into two different savings accounts.
He will deposit 400$ into Account A which earns 3.5% annual simple interest
He will also deposit 250$ into Account B which earns 3.25% annual compound interest
Gavin will not make any additional deposits or withdraws. Which amount is closest to the total balance (Principle and interest) of both accounts at the end on two years?
A 672.13
B 695.00
C 694.25
D 694.51
Answers: 3
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Gavin has $650 to invest into two different savings accounts.
He will deposit 400$ into Account A...
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