Mathematics, 07.12.2020 21:10 jiggyN
Benjamin deposits $3,000 into each of two savings accounts. The first savings account pays 5% interest compounded annually. The second savings account pays 5% simple interest annually. If Benjamin makes no other deposits or withdrawals, what will be the difference between the interest earned by the two savings accounts after 4 years? Select one
O $46.52
O $28.8.
O$646.52
O 53.046.52
Answers: 2
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Benjamin deposits $3,000 into each of two savings accounts. The first savings account pays 5% intere...
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