Mathematics, 23.09.2020 08:01, azariah7

Jameson and Quincy each deposit $ 7,000 into accounts that earn 6% interest, but Jameson earned simple interest with Quincy earns annual compound interest. Assuming neither one of them deposits or withdrawals for 60 months, which of the following is a true statement? A. Jameson will have about $ 2,100 more in his account than Quincy.
B. Jameson will have about $ 2,367.58 less in his account than Quincy.
C. Jameson will have about $ 9,367.58 less in his account than Quincy.
D. Jameson will have about $ 2,367.58 more in his account than Quincy.

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Jameson and Quincy each deposit $ 7,000 into accounts that earn 6% interest, but Jameson earned simp...