Mathematics, 21.05.2021 18:20 samarahjimerson
Account A and Account B both have a principal of $1,000 and an annual interest rate of 2%. 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? After 20 years, Account B will have earned $ more.
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Account A and Account B both have a principal of $1,000 and an annual interest rate of 2%. No additi...
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