subject
Mathematics, 17.12.2020 22:30 sparky1234

You have $600 to deposit for 2 years and two account options. The first earns you simple interest at a rate of 10.5% and the second earns you compound interest (compounded annually) at a rate of 10%. Which account will earn you more money? The first account (simple interest)
The second account (compound interest)
They earn you the same
Not enough information to say

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 22.06.2019 00:30
Javier bought a painting for $150. each year, the painting's value increases by a factor of 1.15. which expression gives the painting's value after 77 years?
Answers: 2
question
Mathematics, 22.06.2019 02:30
Select the correct statement about the function represented by the table
Answers: 2
question
Mathematics, 22.06.2019 03:00
Your friend, taylor, missed class today and needs some identifying solutions to systems. explain to taylor how to find the solution(s) of any system using its graph.
Answers: 1
question
Mathematics, 22.06.2019 03:50
Ken leaves work 20 minutes late. he decides to make up time by taking the toll road instead of side streets. he can travel three times faster by taking the toll road. create an equation to represent his total travel time, including wait time, where x is the number of minutes the drive was expected to take
Answers: 2
You know the right answer?
You have $600 to deposit for 2 years and two account options. The first earns you simple interest at...
Questions
question
Mathematics, 23.05.2021 03:30
question
Mathematics, 23.05.2021 03:30
question
Mathematics, 23.05.2021 03:30
question
Mathematics, 23.05.2021 03:30
question
Mathematics, 23.05.2021 03:30
question
Mathematics, 23.05.2021 03:30
question
Mathematics, 23.05.2021 03:30