Mathematics, 28.10.2019 22:31 cayden161

Two savings accounts were each opened with a $5,000 deposit. account a earns simple interest at a 1% annual interest rate. account b earns compound interest at a 1% annual interest rate compounded yearly. no other deposits or withdrawals are made from the accounts for 4 years. what is the difference in interest earnings between the two accounts after 4 years?

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Two savings accounts were each opened with a $5,000 deposit. account a earns simple interest at a 1%...

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