Mathematics, 05.05.2020 17:10 SuBzErO24
Nicolas has $650 to deposit into two different savings accounts. Nicolas will deposit $400 into Account I, which earns 3.5% annual SIMPLE INTEREST. He will deposit $250 into Account II, which earns 3.25% interest COMPOUNDED annually. Nicolas will not make any additional deposits or withdrawals. Which amount is closest to the TOTAL BALANCE of the two accounts at the end of 2 years?
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Nicolas has $650 to deposit into two different savings accounts. Nicolas will deposit $400 into Acco...
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