Mathematics, 19.03.2021 18:40 genyjoannerubiera
Thomas deposited $800 into two different accounts.
- He deposited $450 into an account that pays 4.5% simple interest.
- He deposited $350 into an account that pays 4.25% compounded annually.
If Thomas does not deposit additional money into the accounts and he doesn't withdraw any money from the accounts, which is closest to the total balance he will have in the accounts at the end of 2 years?
Group of answer choices
A. $820.38
B. $1,220.88
C. $871.79
D. $870.88
Answers: 1
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Thomas deposited $800 into two different accounts.
- He deposited $450 into an account that pays 4....
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