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Ben is choosing between 2 savings accounts . Both accounts pay 3% interest. Account X pays compound interest. Account Y pays simple interest Ben should choose account X because?
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Jul 19, 2022
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Ben is choosing between 2 savings accounts . Both accounts pay 3% interest. Account X pays compound interest. Account Y pays simple interest Ben should choose account X because?
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middle-school
RTBarnard
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D! Interests rate would increase over time!
Eferion
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Jul 22, 2022
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the answer is D because the rate would increase overtime, means you’d get more money
Neal Richardson
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Jul 26, 2022
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