Melanie invests $4,000 into an account offering 4% interest compounded annually. Gina invests $4,000 into a simple interest savi
ngs account offering a 4.5% interest rate. What is the dollar amount of the greater balance at the end of five years? Round to the nearest dollar. Use the formula es026-1.jpg for compound interest; Use the formula es026-2.jpg for simple interest.
<span>A) 3 - The third sock will match the first or second if they don't match each other. B) 14 - It's highly unlikely yet possible to remove all brown socks first, the next two would have to be black.</span>
