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Mathematics, 09.04.2021 21:20 shyterria1329
Evan has $4,600 to deposit into two savings accounts.
• Evan will deposit $2,000 into Account I, which earns 5% interest, compounded annually.
• Evan will deposit $2,600 into Account II, which earns 4% annual simple interest.
In 3 years, which account will produce more interest, and by how much?
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Answers: 3
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Evan has $4,600 to deposit into two savings accounts.
• Evan will deposit $2,000 into Account I, wh...
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