Mathematics, 18.04.2021 03:20, zania30
Faye has $5,000 that she is going to deposit into two accounts as shown:
Account Deposit Interest Type Interest Rate
#1 $2,000 Simple 5%
#2 $3,000 Compound 4%
Assuming that Faye does not make any additional deposits or withdrawals, find the combined amount of her two accounts after 15 years.
$15,902.83
$3,902.83
$8,902.83
$6,902.83
Answers: 1
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Faye has $5,000 that she is going to deposit into two accounts as shown:
Account Deposit Interest T...
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