Damon deposited a total of $550 in two
different bank accounts. He deposited $350
into Accoun...
Mathematics, 11.05.2021 23:00 dekarouh
Damon deposited a total of $550 in two
different bank accounts. He deposited $350
into Account I which will earn 3% annual
simple interest. He deposited $200 into
Account II which will earn 2.75% interest
compounded annually. If no additional
deposits or withdrawals are made, which
amount is closest to the combined value of
these two accounts at the end of 3 years?
Answers: 2
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