Neal deposited $5,000 into an account that earns 6. 5% simple annual interest. Aleli deposited $5,000 into an account that earns 4% compound interest, compounded annually. Which investment earns more interest

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Schalk Versteeg asked Jan 21, 2023

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Neal deposited $5,000 into an account that earns 6. 5% simple annual interest. Aleli deposited $5,000 into an account that earns 4% compound interest,

compounded annually. Which investment earns more interest after 3 years? How much more?

Aleli's investment: $375. 00

Neal's investment; S375. 00

Neal's investment: $350. 68

O Aleli's investment: $350. 68

Mathematics
high-school

Schalk Versteeg asked Jan 21, 2023

by Schalk Versteeg

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Answer:

if jhonny had one apple how many apple does the chicken have in the basement across the road in his house under the bed??

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DonkeyKong answered Jan 27, 2023

by DonkeyKong

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