Mathematics, 09.10.2019 15:00 itscheesycheedar
Ashley and elise each deposited $1500 into separate accounts. each account earned 4% interest over 8 years. at the end of 8 years, elise had earned more than ashley. why?
a.
elise earned compound interest, and ashley earned simple interest.
b.
elise earned simple interest, and ashley earned compound interest.
c.
elise had a different interest rate than ashley.
d.
elise invested for a different amount of time than ashley.
Answers: 3
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Ashley and elise each deposited $1500 into separate accounts. each account earned 4% interest over 8...
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