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English, 02.02.2021 21:00 nahannahawkins8888
HELP WILL GIVE BRAINIEST AND 50 POINTS PLEASE DONT GIVE A SILLY ANSWERS AND EXPLAIN UR STEPS
You want to deposit $600 in a savings account. Account A earns 3.5%
simple interest per year. Account B earns 3.3% interest compounded annually.
a. Which account should you choose if you invest your money for 3 years?
6 years? Explain.
b. After how many years is the balance in Account B greater than the
balance in Account A?
c. After how many years is the difference between the account balances
greater than $5?
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Answers: 1
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