Mathematics, 13.04.2021 20:00, meep26wesley

Luke invested $2400 in each of two accounts. The first account pays 3% simple interest. The second account pays 3% compound interest with interest
compounded annually (at the end of each year). After 10 years, how much more
will the second account be worth than the first account?
a. $105.40
b. $270.00
c. $83.46
d. $825.40

Answers: 1

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Luke invested $2400 in each of two accounts. The first account pays 3% simple interest. The second...