Mathematics, 24.07.2019 01:00 ciarra31
Melanie invests $4,000 into an account offering 4% interest compounded annually. gina invests $4,000 into a simple interest savings account offering a 4.5% interest rate. what is the dollar amount of the greater balance at the end of five years? round to the nearest dollar. use the formula es026-1.jpg for compound interest; use the formula es026-2.jpg for simple interest.
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Melanie invests $4,000 into an account offering 4% interest compounded annually. gina invests $4,000...
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