Mathematics, 15.02.2021 20:20, jasmincorrea45

10 Clara deposits $1,250 into each of two savings accounts.
• Account I earns 2% annual simple interest.
• Account II earns 2% interest compounded annually.
Clara does not make any additional deposits or withdrawals. What is the sum of the balances of
Account I and Account II at the end of 4 years?

Answers: 2

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10 Clara deposits $1,250 into each of two savings accounts.
• Account I earns 2% annual simpl...

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