Mathematics, 17.11.2020 22:50 VanBrocklin4706
You deposit $2,500 in a savings account.
What is the difference in the amount of interest that will be paid in each situation?
Option A) Interest rate of 8.25% simple interest for 2 years
Option B) Interest rate of 6.5% compounded annually for 2 years
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You deposit $2,500 in a savings account.
What is the difference in the amount of interest that will...
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