subject
Mathematics, 17.12.2020 22:30 sparky1234

You have $600 to deposit for 2 years and two account options. The first earns you simple interest at a rate of 10.5% and the second earns you compound interest (compounded annually) at a rate of 10%. Which account will earn you more money? The first account (simple interest)
The second account (compound interest)
They earn you the same
Not enough information to say

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 14:10
For the given quadratic equation convert into vertex form, find the vertex and find the value for x=6 y=-2x^2+2x+2
Answers: 2
question
Mathematics, 21.06.2019 17:30
One positive number is 9 more than twice another. if their product is 95, find the numbers
Answers: 1
question
Mathematics, 21.06.2019 20:00
15m is what percent of 60m; 3m; 30m; 1.5 km? the last one is km not m
Answers: 1
question
Mathematics, 21.06.2019 21:00
Joanie watched 1 out of three of a movie in the morning
Answers: 1
You know the right answer?
You have $600 to deposit for 2 years and two account options. The first earns you simple interest at...
Questions
question
Business, 01.11.2019 07:31
question
Mathematics, 01.11.2019 07:31
Questions on the website: 13722361