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Wendy and Connor each deposit $8,300 into accounts that earn 3. 5% interest for 25 years. Wendy's account earns annual simple interest and Connor's account earns annua…

Wendy and Connor each deposit $8,300 into accounts that earn 3. 5% interest for 25 years. Wendy's account earns annual simple interest and Connor's account earns annua…
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Wendy and Connor each deposit $8,300 into accounts that earn 3. 5% interest for 25 years. Wendy's account earns annual simple interest and Connor's account earns annual compound interest.

How much more interest will they earn?

User Suraj
by
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1 Answer

3 votes
The answer is $4052,4
Hope it’s help u!
Wendy and Connor each deposit $8,300 into accounts that earn 3. 5% interest for 25 years-example-1
User Jeremy Scoggins
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7.2k points
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