Mathematics, 22.04.2020 17:30, kyusra2008

Penny makes deposits into two separate accounts for 5 years: option A: $800; 6% annual simple interest option B: $800; 6% annual compound interest. A. What is the interest earned on option A? B. What is the total value of option A? C. What is the interest earned on option B? D. What is the total value on option B? E. Which is the better option?

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Penny makes deposits into two separate accounts for 5 years: option A: $800; 6% annual simple intere...