Business

Business, 21.06.2019 17:40, cookieasd9000

Anne is comparing savings accounts. one account has an interest rate of 1.2 percent compounded yearly, and one account has an interest rate of 1.2 percent compounded monthly. which account will earn more money in interest? the account that earns 1.2 percent compounded yearly the account that earns 1.2 percent compounded monthly

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Mathematics, 11.07.2019 21:50, melanis52

Anne is comparing savings accounts. one account has an interest rate of 1.2 percent compounded yearly, and one account has an interest rate of 1.2 percent compounded monthly. which account will earn more money in interest?

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Mathematics, 11.09.2019 03:30, boog89

Two savings accounts were each opened with a $7,000 deposit. account a earns simple interest at a 1% annual interest rate. account b earns compound interest at a 1% annual interest rate compounded yearly. no other deposits or withdrawals are made from the accounts for 3 years. what is the difference in interest earnings between the two accounts after 3 years? a) both accounts will earn the same amount of interest. b) account a will earn approximately $2 more in interest than account b. c) account a will earn approximately $210 more in interest than account b. d) account a will earn approximately $2 less in interest than account b. e) account a will earn approximately $210 less in interest than account b.

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Business, 11.10.2019 08:20, lexi8938

Anne is comparing savings accounts. one account has an interest rate of 1.2 percent compounded yearly, and one account has an interest rate of 1.2 percent compounded monthly. which account will earn more money in interest? 1)the account that earns 1.2 percent compounded yearly 2)the account that earns 1.2 percent compounded monthly

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Mathematics, 28.10.2019 18:31, xrivas

Two savings accounts were each opened with a $6,000 deposit. account a earns compound interest at a 2% annual interest rate compounded yearly. account b earns simple interest at a 2% annual interest rate. no other deposits or withdrawals are made from the accounts for 3 years. what is the difference in interest earnings between the two accounts after 3 years? account a will earn approximately $360 less in interest than account b. account a will earn approximately $7 less in interest than account b. account a will earn approximately $360 more in interest than account b. account a will earn approximately $7 more in interest than account b. both accounts will earn the same amount of interest.

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