Jack and Carlie each deposit $17,250 into
accounts that earn 6% interest for 6.5 years.
Jack'...
Mathematics, 29.10.2020 17:40 jeremymcdonaldorlh0s
Jack and Carlie each deposit $17,250 into
accounts that earn 6% interest for 6.5 years.
Jack's account earns annual simple interest
and Carlie's account earns annual compound
interest. Who will earn more interest after 6
years, and how much more interest will they
earn?
Answers: 1
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