Mathematics, 15.11.2020 01:00, cratsley321
Can someone explain this? the answer is $2029.40
Sue deposited $1,500 into two different accounts.
- She deposited $600 into an account that pays 7.5% simple interest.
- She deposited $900 into an account that pays 6% compounded annually.
If Sue does not deposit additional money into the accounts and she doesn't withdraw any money from the accounts, which is closest to the total balance she will have in the two accounts at the end of 5 years?
Answers: 2
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Can someone explain this? the answer is $2029.40
Sue deposited $1,500 into two different accounts.<...
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