2 years ago

Linda deposits $90,000 into an account that pays 6% interest per year, compounded annually.

1 answer:

3 0

Answer: Linda earns more interest

Step-by-step explanation:

Linda: 90000 x 1.06^3 -90000 = 17191.44

Bob: (90000 x 1.06 - 90000) x 3 = 16200

17191.44 > 16200

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