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mr_godi [17]
2 years ago
11

⚠️Suppose you have two savings accounts, both with a principal of $200 and an interest rate of 3%, but one earns simple interest

and one earns interest compounded annually. How much would you earn in the simple interest account after 10 years?⚠️
Mathematics
1 answer:
Alika [10]2 years ago
8 0

Answer: 60 I think

Step-by-step explanation: 200 dollar multiply by 0.03 then times 10.

3% is equal to 0.03 and by ten years means to multiply.

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