Mathematics

Mathematics, 25.07.2019 13:00, hannahbannana98

Jamar puts $500 in a savings account that earns simple interest. the intrest rate is 5%. how long will it take for jamar to earn $500 in interest from this account if he makes no other deposit or withdrawal? !

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Mathematics, 21.08.2019 03:50, calistaallen1734

5. trisha plans to invest $1,800.00 in a savings account. savings account 1 earns 4% simple interest and savings account 2 earns 4% interest compounded quarterly. if she plans to deposit the $1,800.00 and leave it in the account for 2 years, in which savings account would she earn more interest? * savings account 1 savings account 2 the interest earned in both savings accounts will be the same.

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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, 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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