Mathematics, 21.04.2021 17:10 Lewis5442
Account A and Account B both have a principal of $2,000 and an annual interest rate of 3%. No additional deposits or withdrawals are made. Account A earns simple interest. Account B earns interest compounded annually. Compare the amounts in the two accounts after 20 years. Which earns more interest? How much more?
After 20 years, Account (A or B) will have earned $ more.
(I know the Account that would have earned more is B, so I just need help on how much more Account B would earn)
Answers: 2
Another question on Mathematics
Mathematics, 21.06.2019 18:00
What can you determine about the solutions of this system
Answers: 1
Mathematics, 21.06.2019 22:30
Consider an example of a deck of 52 cards: example set of 52 playing cards: 13 of each suit clubs, diamonds, hearts, and spades ace 2 3 4 5 6 7 8 9 10 jack queen king clubs diamonds hearts spades what is the probability of drawing three queens from a standard deck of cards, given that the first card drawn was a queen? assume that the cards are not replaced.
Answers: 1
Mathematics, 21.06.2019 22:30
If a line is defined by the equation y = 5x + 2, what is the slope?
Answers: 2
Mathematics, 21.06.2019 23:20
Point r divides in the ratio 1 : 5. if the coordinates of e and f are (4, 8) and (11, 4), respectively, what are the coordinates of r to two decimal places?
Answers: 3
You know the right answer?
Account A and Account B both have a principal of $2,000 and an annual interest rate of 3%. No additi...
Questions
Mathematics, 27.07.2021 02:00
Computers and Technology, 27.07.2021 02:00
