Mathematics, 19.03.2021 19:30 perezesmeralda78

Simple Interest Consider the two accounts below:
Account A
Principal of $250
Interest Rate: 4%
Time: 10 years
Account B
Principal of $250
Interest Rate: 6%
Time: 7 years
A. Find the interest that would be made on each account over the course of it's
time.
B. Calculate the ending balances of each account.
C. Explain which account is the better investment for your money. Why?

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Simple Interest Consider the two accounts below:
Account A
Principal of $250
Inte...

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