Mathematics, 14.04.2021 23:30 Zieken993
PLEASE HURRY
Mary and Caroline invest $5000 into an account for 4 years. Mary’s account pays 5.5% simple interest. Caroline’s account pays 4.5% compound interest.
Mary's account will have saved after 4 years.
Caroline's account will have saved after 4 years.
Caroline thinks she will have the more money than Mary at the end of the 4 years. Is she correct?
Answers: 2
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