10
Clara deposits $1,250 into each of two savings accounts.
• Account I earns 2% annual simpl...
![subject](/tpl/images/cats/mat.png)
Mathematics, 15.02.2021 20:20 jasmincorrea45
10
Clara deposits $1,250 into each of two savings accounts.
• Account I earns 2% annual simple interest.
• Account II earns 2% interest compounded annually.
Clara does not make any additional deposits or withdrawals. What is the sum of the balances of
Account I and Account II at the end of 4 years?
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Answers: 2
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