Debra plans to invest $2,250 for 10 years. She can invest in a savings account that pays 4% simple interest or a savings account

Question

3 years ago

8

Debra plans to invest $2,250 for 10 years. She can invest in a savings account that pays 4% simple interest or a savings account

that pays 4% interest compounded annually. How much more money will she have at the end of 10 years if she chooses the account with compound interest?

Mathematics

1 answer:

AleksandrR [38] · Answer 1 · 2022-10-16T07:18:56+03:00

AleksandrR [38]3 years ago

4 0

Answer:

900

Step-by-step explanation: