Mathematics, 06.11.2020 01:00 quintinlarrieu
Ricky has $850 to deposit into two different savings accounts.
Ricky will deposit $500 into Account I, which earns 4.5% annual simple interest.
He will deposit $350 into Account II, which earns 4 % interest compounded annually.
Ricky will not make any additional deposits or withdrawals. Which amount is closest to the total balance of these two accounts at the end of 5 years?
if you answerd this one can you plz answer the rest of my questions i really need help
Answers: 3
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Ricky has $850 to deposit into two different savings accounts.
Ricky will deposit $500 into Account...
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