A bank offers two different types of interest on savings accounts. Account one pays 5.5% simple interest.
Account two pays 5% interest compounded annually.

Deposits of $1,000 are made into one account of each type. No additional deposits or withdraws are made.

Which amount is closets to the difference in the interest earned in each account at the end of 5 years?

A) $275.00
B) $276.28
C) $1.28
D) $30.68

How long must $542 be invested at a rate of 7% to earn $303.52 in interest? in a easier way

Frank owns a $141,000 home, for which he has a 30-year mortgage in the amount of $700 a month. once he has paid off mortgage, how much will he have paid in investment? a. $111,000 b. $109,000 c. $120,000 d. $141,000

Each person in an it department of 25 people works on at least one of 3 major projects: system security, program implementation, platform development. 10 people work on system security, 13 work on program implementation, and 12 work on platform development. 4 people work on system security and platform development, 5 people work on program implementation and platform development, and 2 people work on all three projects. how many people work on system security and program implementation?