Register

Joey and Magaly both deposited their birthday money into accounts at the bank. Joey deposited $400 into an account that earns 7% interest compounded annually . Who will have a h…

Joey and Magaly both deposited their birthday money into accounts at the bank. Joey deposited $400 into an account that earns 7% interest compounded annually . Who will have a h…
7.2k views
0 votes
Joey and Magaly both deposited their birthday money into accounts at the bank. Joey deposited $400 into an account that earns 7% interest compounded annually . Who will have a higher ending balance after 5 years? By how much more money ?

User Dishan TD
by
8.5k points

1 Answer

2 votes

Answer:

Magaly will have $25.96 more than Joey after 5 years

Explanation:

User Jyothi Babu Araja
by
8.8k points
← Prev Question Next Question →

Related questions

User Rawb
asked Jun 3, 2024 227k views
What kind of earrings did Magaly Morales wear?
Rawb asked Jun 3, 2024
by Rawb
8.1k points
1 answer
2 votes
227k views
User Alexandru Chirila
asked Jul 6, 2024 126k views
What kind of music did Senora Oralia and Magaly Morales enjoy?
Alexandru Chirila asked Jul 6, 2024
by Alexandru Chirila
8.3k points
1 answer
3 votes
126k views
User Webrsk
asked May 20, 2024 196k views
What were Magaly Morales' work around the house clothes?
Webrsk asked May 20, 2024
by Webrsk
8.1k points
1 answer
1 vote
196k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!