That answer was (B)................
Answer:
<em><u>(</u></em><em><u>C</u></em><em><u>)</u></em>
Step-by-step explanation:
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On the account with interest compounded annually, the account balance will be
P*(1 +r)^t
4500*1.06³ = 5358.57
so the interest earned will be
5358.57 -4500 = 859.57
On the account with simple interest, the interest earned will be
I = Prt
I = 4500*.06*3
I = 810.00
The total interest earned on the two accounts will be
$859.57 +810.00 = $1669.57 . . . . . . . . selection A
Answer:
Step-by-step explanation:
One coin