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  (20 points!!!) Please help me answer this question it’s important. I already know the answer I just need the working! The an
swer is ( Jose, $901.31 more)
Janell deposits $2,000 and for 5 years leaves it in an account earning 3% annual interest, compounded quarterly. For 5 years, José saves and deposits $150 per quarter in an account earning 3% interest compounded quarterly. Who will have more money in the account after 5 years? How much more?
Use the table below to answer:
Janell deposits $2,000 and for 5 years leaves it in an account earning 3% annual interest, compounded quarterly. For 5 years, José saves and deposits $150 per quarter in an account earning 3% interest compounded quarterly. Who will have more money in the account after 5 years? How much more?
Use the table below to answer:
2 answers:
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