Amy deposits $20,000 into an account that pays 6% interest per year, compounded annually. Bill deposits $20,000 into an account

Question

3 years ago

9

Amy deposits $20,000 into an account that pays 6% interest per year, compounded annually. Bill deposits $20,000 into an account

that also pays 6% per year. but it is simple interest. find the interest Amy and Bill earn during each of the first years, then decide who earns more interest for the year. assume there are no withdraws and no additional deposits

Mathematics

2 answers:

wariber [46] · Answer 1 · 2022-02-24T17:38:19+03:00

wariber [46]3 years ago

4 0

I need this answer too please help us out !!

nadezda [96] · Answer 2 · 2022-02-24T19:44:54+03:00

nadezda [96]3 years ago

4 0

Answer:

Yeah, math math wu wu

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