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Which of the following plans will produce the greater earnings for an investment of $500 over 5 years? Plan A: simple interest rate of 6.75% Plan B: rate of 6.5% compounded an…
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Which of the following plans will produce the greater earnings for an investment of $500 over 5 years? Plan A: simple interest rate of 6.75% Plan B: rate of 6.5% compounded an…
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Sep 7, 2021
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Which of the following plans will produce the greater earnings for an investment of $500 over 5 years?
Plan A: simple interest rate of 6.75%
Plan B: rate of 6.5% compounded annually
Please help as fast as possible! Tysm <3
Mathematics
middle-school
Jaded
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Answer:
plan a
Explanation:
Alfetopito
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Sep 9, 2021
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i believe the answer is plan b: rate of 6.5% compounded annually.
Roaring Stones
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Sep 13, 2021
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