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English, 10.10.2019 11:30, rosehayden21

To earn as much interest as possible, you should open a savings account that earns interest and has the interest rate.
a: compound; lowest
b: compound; highest
c: simple; lowest
d: simple; highest

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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, 21.09.2019 05:30, Sashakimora2020

To earn as much interest as possible, you should open a savings account that earns interest and has the interest rate. a compound; lowest b compound; highest c simple; lowest d simple; highest

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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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