Mathematics

Mathematics, 21.08.2019 16:30, ndurairajownkpq

You put $10,000 in a simple interest account at a bank. you will earn $1,800 in just 4 years. what is the annual interest rate for the account?

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Mathematics, 11.09.2019 03:30, boog89

Two savings accounts were each opened with a $7,000 deposit. account a earns simple interest at a 1% annual interest rate. account b earns compound interest at a 1% annual interest rate compounded yearly. no other deposits or withdrawals are made from the accounts for 3 years. what is the difference in interest earnings between the two accounts after 3 years? a) both accounts will earn the same amount of interest. b) account a will earn approximately $2 more in interest than account b. c) account a will earn approximately $210 more in interest than account b. d) account a will earn approximately $2 less in interest than account b. e) account a will earn approximately $210 less in interest than account b.

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Mathematics, 11.10.2019 04:00, kaykay9243

Amy invest $3,000 in a savings account that pays 2.35% simple annual interest .she makes no other deposits or withdrawals for 3.5 years. determine if each statement is true or false.a. amy's account will earn $246.75 in interestb. amy's account will be worth $2,753.25 after 3.5 years.c. amy's account would earn $15.75 more in interest if the annual interest rate were raised to 2.5%

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Mathematics, 28.10.2019 18:31, xrivas

Two savings accounts were each opened with a $6,000 deposit. account a earns compound interest at a 2% annual interest rate compounded yearly. account b earns simple interest at a 2% annual interest rate. no other deposits or withdrawals are made from the accounts for 3 years. what is the difference in interest earnings between the two accounts after 3 years? account a will earn approximately $360 less in interest than account b. account a will earn approximately $7 less in interest than account b. account a will earn approximately $360 more in interest than account b. account a will earn approximately $7 more in interest than account b. both accounts will earn the same amount of interest.

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