⚠️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
Find the y-intercept then model it into y = .71x + b (b is the y-intercept).
Answer:
If an equation has one solution, what will the variable terms be
b. different
Answer:
Step-by-step explanation:
1+1=2
Answer:
missing color is red missing shape is oval
Step-by-step explanation:
