Mathematics
Mathematics, 26.03.2021 20:00, isophk

Jameson and Quincy each deposit $7,000 into accounts that earn 6% interest, but Jameson earns annual simple interest while Quincy earns annual compound interest. Assuming neither one of them makes any deposits or withdrawals for 5 years, which of the following is a true statement?

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Jameson and Quincy each deposit $7,000 into accounts that earn 6% interest, but Jameson earns annual...

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