Mathematics, 15.04.2021 01:10 boo3972
Gina deposits $2,000 into each of two savings accounts.
- Account I earns 5% annual simple interest.
- Account II earns 5% interest compounded annually.
Gina does not make any additional deposits or withdrawals. What is the sum of the balances of Account I and Account II at the end of 3
years?
0 $4,600
O $4,615.25
0 $4,630.50
$4,300
Answers: 1
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Gina deposits $2,000 into each of two savings accounts.
- Account I earns 5% annual simple interest...
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