Mathematics, 18.02.2021 21:00, lalaween098

Kevin is going to open a savings account with $4,000. Bank A offers an account that will pay 6% annual simple interest for
6 years.
Bank B offers an account that will pay 7% annual simple interest for 3
years. After the 3 years, Kevin would have to transfer all his money to
a regular account that will pay 5% annual simple interest on the new
transferred principal. Which offer will leave Kevin with more money after
6 years? Explain. PLEASE HELP ME I WILL MAKE BRAINLIEST!!!

Answers: 1

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Kevin is going to open a savings account with $4,000. Bank A offers an account that will pay 6% ann...