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Mathematics, 07.10.2020 01:01, meichea
Susan invested $1,000 into an account that pays $50 in interest each year. Mary invested $1,000 into an account that pays 4% compound interest each year. If both girls leave the money in their accounts for 20 years, who will have the most money, and about how much more?
A. Susan’s account will exceed Mary’s account by about $191
B. Mary’s account will exceed Susan’s account by about $191
C. Susan’s account will exceed Mary’s account by about $229
D. Mary’s account will exceed Susan’s account by about $229
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Answers: 3
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Susan invested $1,000 into an account that pays $50 in interest each year. Mary invested $1,000 into...
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