Mathematics, 31.03.2021 20:00 angelcamacho0219

Anthony deposited $500 into an account that earns 7.75% simple interest. He also deposited $500 into an account that earns 7.25%
compounded interest, compunded annually. After 5 years, what will be
the total balance of the two investments?

Answers: 2

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More questions: Mathematics Another questions

Anthony deposited $500 into an account that earns 7.75% simple interest. He also deposited $500 into an account that earns 7.25% compounded interest, compunded annually. After 5 years, what will be the total balance of the two investments?

Answers

Another question on Mathematics

Anthony deposited $500 into an account that earns 7.75% simple interest. He also deposited $500 into an account that earns 7.25%
compounded interest, compunded annually. After 5 years, what will be
the total balance of the two investments?