Account A and Account B both have a principal of $2,000 and an annual interest rate of 4%. No additional deposits or withdrawals are made. Account A earns simple interest. Account B earns interest compounded annually. Compare the amounts in the two accounts after 20 years. Which earns more interest? How much more?
Answers
Answered by
2
Answer:
.....................
Similar questions
Science,
3 months ago
Math,
3 months ago
English,
6 months ago
Math,
6 months ago
Social Sciences,
11 months ago