Mathematics, 21.05.2020 20:58 kmcpig

Account A and Account B both have a principal of $2,000 and an annual interest rate of 5%. 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?

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Account A and Account B both have a principal of $2,000 and an annual interest rate of 5%. No additi...

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