Mathematics, 08.10.2019 11:10, tyty8265
Abank offers two interest account plans. plan a gives you 6% interest compounded annually. plan b gives you 13% annual simple interest. you plan to invest $2,000 for the next 4 years. which account earns you the most interest (in dollars) after 4 years? how much will you have earned?
plan a; $524.95
plan b; $524.95
plan a; $1,040.00
plan b; $1,040.00
Answers: 2
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