⚠️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?⚠️
1 answer:
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.
You might be interested in
Answer:
let x be the number
seven less than three times a number ==> 3x - 7
Step-by-step explanation:
Answer:
Jenny has 50 marbles
Step-by-step explanation:
I find it easiest to right down the numbers as I read the question,
(9+10-4) x3 +7-2
Answer:
0.375
Step-by-step explanation:
..
The answer is C (10.89 m)
x * 9 = 98 m²
x = 98 ÷ 9
x = 10.888888 or 10.89 m