Mathematics, 23.11.2020 14:00 adriananselmo3959

1. David deposited $550 in an account that earns 5% simple annual interest. Richey deposited $550 in an account that earns 5% annual compounded annually. They leave the money with no
withdrawals or deposits for 3 years. Which statement is true about the two investments after 3
years?

Answers: 2

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More questions: Mathematics Another questions

1. David deposited $550 in an account that earns 5% simple annual interest. Richey deposited $550 in an account that earns 5% annual compounded annually. They leave the money with no withdrawals or deposits for 3 years. Which statement is true about the two investments after 3 years?

Answers

Another question on Mathematics

1. David deposited $550 in an account that earns 5% simple annual interest. Richey deposited $550 in an account that earns 5% annual compounded annually. They leave the money with no
withdrawals or deposits for 3 years. Which statement is true about the two investments after 3
years?