Mathematics, 13.12.2020 22:00 fatherbamboo

Jack and Carlie each deposit $17,250 into accounts that earn 6% interest for 6.5 years. Jack’s account earns annual simple interest and Carlie’s account earns annual compound interest. Who will earn more interest after 6 years, and how much more interest will they earn?

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Jack and Carlie each deposit $17,250 into accounts that earn 6% interest for 6.5 years. Jack’s accou...

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