Answer:
false
Step-by-step explanation:
Answer:
Hi the answer is A, hopefully i helped you
Answer:
First account (simple interest)
Step-by-step explanation:
The amount of interest earned by the first account is ...
I = Prt = $2000·0.04·7 = $2000·0.28 = $560
The amount in the second account at the end of 7 year is ...
FV = P·(1+r)^t = $2000·1.02^7 = $2297.37
so you have earned $297.37 in interest on the second account.
$560 is more than $297, so the First Account (simple interest) earns more money.
Answer: Hmm Ok i do this-
Step-by-step explanation:
Wait are we trying to find x?
Ok so for the first one x = 5 and for the second one x = 2
