Mathematics, 23.03.2020 23:57, BELLE6284

Account A: $300 monthly deposits, interest rate is 4.2%. Account B: $250 monthly deposits, interest rate is 5.1%. Which account will have a greater value at the end of 15 years?

a. Account A will be greater than Account B.

b. Account B will be greater because the interest rate is higher.

c. They will be worth about the same.

d. Not enough information.

Answers: 1

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Account A: $300 monthly deposits, interest rate is 4.2%. Account B: $250 monthly deposits, interest...