Gina deposits $2,000 into each of two savings accounts.
- Account I earns 5% annual simple interest.
- Account II earns 5% interest compounded annually.
Gina does not make any additional deposits or withdrawals. What is the sum of the balances of Account I and Account II at the end of 3
years?
0 $4,600
O $4,615.25
0 $4,630.50
$4,300