Mathematics, 17.12.2020 22:50 bray40
Logan and Rita each open a savings account with a deposit of $8,100. Logan's account pays 5% simple interest annually. Rita account pays 5% interest compounded annually. If Logan and Rita make no deposits or withdrawals over the next 4 years what will be the difference in their account balances.
A.$113.22
B.$125.60
C.$104.05
D.$134.89
Answers: 1
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