5 Ben deposited $10,000 into each of two savings accounts. Account I 4% Compounded Annually Account II 3% Compounded Annually Ben does not make any more deposits or withdrawals. How much more money will be in account I than account II at the end of 3 years?​

There will be $312.37 more in Account I.

Step-by-step explanation:

Giving the following information:

Initial investment= $10,000

Number of periods= 3 years

To calculate the future value, we need to use the following formula:

FV= PV*(1+i)^n

Account I:

FV= 10,000*(1.04^3)

FV= $11,248.64

Account II:

FV= 10,000*(1.03^3)

FV= $10,927.27

There will be $312.37 more in Account I.

first, we define the variables:

x: number of years after 1950

f (x): amount of vinyl sold.

then, with the variables defined, we have:

68594 vinyl records were sold in 1958 > f (8) = 68594

91299 vinyl records were sold in 1961 > f (11) = 91299

38720 vinyl records were sold in 1952 > f (2) = 38720

161743 vinyl records were sold in 1967 > f (17) = 161743

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step-by-step explanation:

what are the