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shtirl [24]
2 years ago
9

Lakelyn has $2,500.00 to invest in a savings account. Savings account 1 earns 4% simple interest and savings account 2 earns 4%

interest compounded annually. If she plans to deposit the $2,500.00 and leave it in the account for 1 year, in which savings account would she earn more interest?
Mathematics
1 answer:
Finger [1]2 years ago
8 0

Answer:

Let’s go back to the savings account example above. We started with $10,000 and ended up with a little more than $500 in interest after 10 years in an account with a 0.50% annual yield.

Step-by-step explanation:

Let’s go back to the savings account example above. We started with $10,000 and ended up with a little more than $500 in interest after 10 years in an account with a 0.50% annual yield.

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3 0
2 years ago
1. what is 60% of 50? 20 or 30?<br> 2. 50% of 40? 20 or 30<br> 3. 12% of 50? 20 or 30
34kurt

Answer:

1: 30

2: 20

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Step-by-step explanation:

1:   .60 x 50 = 30

2:  .50 x 40 = 20

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Idk why your two answers for 3 are 20 and 30 but neither of those are the answer

5 0
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Answer:

because you divide them by two


Step-by-step explanation:


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