Mathematics, 25.09.2020 23:01, wendelkristen

Boris deposits $1,200 into an account that earns 5% simple interest each year. On the same day, Travis deposits $1,200 into an account that earns 4% compound interest each year.
Neither will deposit any additional money into their savings account. Which statement about
the balances of the accounts at the end of 5 years is true?

Boris deposits $1,200 into an account that earns 5% simple interest each year. On the same

day, T

Answers: 2

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Boris deposits $1,200 into an account that earns 5% simple interest each year. On the same day, Tra...