1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
PIT_PIT [208]
3 years ago
12

5 Susie wants to deposit $6,000 into a savings account and plans to leave her money in the account for 10 years. The bank offers

two types of savings accounts.
● Account 1: offers 4.5% simple interest
● Account 2: offers 4% interest compounded annually
Which statement about the savings accounts is true?
A Susie should invest her money in Account 1 because the account will earn $300.00 more in interest than Account 2 after 10 years.
B Susie should invest her money in Account 1 because the account will earn $436.35 more in interest than Account 2 after 10 years.
C Susie should invest her money in Account 2 because the account will earn $617.82 more in interest than Account 1 after 10 years.
D Susie should invest her money in Account 2 because the account will earn $181.47 more in interest than Account 1 after 10 years.
History
2 answers:
lord [1]3 years ago
6 0

Answer:

D

Explanation:

charle [14.2K]3 years ago
5 0
Option D

Step 1

Account 1
The simple interest formula is equal to
A = P(1 + rt)

A is the final investment value
P is the principal amount of money to be invested
r is the rate of interest
t is the number of time periods
You might be interested in
Why did the United States declared war on Great Britain in 1812
Trava [24]
I did because Britian refused to stop seizing Americans ships that traded with France- Britain's enemy in Europe
8 0
3 years ago
Read 2 more answers
What were things that encouraged the Renaissance
Lilit [14]
The rebirth of knowledge in the Renaissance changed the way that artists created their work and the way people saw the world. One of the earliest examples of this was the use of perspective in oil paintings. This was a way of showing space, depth, and distance in the picture. It made the painting look more realistic. The Renaissance began in Italy, the birthplace of the Roman Empire. It is nearly impossible to identify all of the reasons why the Renaissance began in Italy, but three important causes were money, disease, and historic architecture.
6 0
3 years ago
Why was flooding of the nile river a good thing??
MAXImum [283]
Sorry I know this was 3 days ago but the flooding had left very rich soil that was really good for farming.
8 0
3 years ago
Which of the following occurred after Allied forces invaded the Italian mainland in September 1943?
bazaltina [42]
<span>The answer is B, Italian forces quickly surrendered. Troops and vehicles being arrived under shell shoot amid the intrusion of territory Italy at Salerno, September 1943. The Allied attack of Italy was the Allied land and/or water capable arriving on terrain Italy that occurred on 3 September 1943 amid the early phases of the Italian Campaign of World War II.</span>
8 0
3 years ago
What was the olive branch petition and what was king george iii's response to it?
Leno4ka [110]
The Olive Branch Petition was an American petition sent to England to ask for lower tax rates.  King George the Third ignored it and imposed more taxes. Please mark Brainliest!!!
7 0
3 years ago
Other questions:
  • What was the first European city founded in North America?
    7·2 answers
  • How were the governments of Japan and Italy similar in the 1930's check all that apply
    13·2 answers
  • The major concepts of a Greek drama included all of the following, except ____ . a. good versus evil c. people’s rights b. the g
    7·2 answers
  • What themes did the Transcendentalists Focus on in their writings?
    7·1 answer
  • Why did Lincoln believe he had the power to issue the proclamation
    15·1 answer
  • What is this headdress made from?
    14·2 answers
  • How was it decided who was the president in 1800
    6·1 answer
  • Listen
    12·1 answer
  • Which identifies a key stance taken by Luther that was in opposition to the Catholic Church?
    11·1 answer
  • What battles produced the largest amount of lost life? in ww2 What countries were involved?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!