subject
Mathematics, 25.03.2021 20:10 china2221

Jameson and Quincy each deposit $7,000 into accounts that earn 6% interest, but Jameson earns annual simple interest while Quincy earns annual compound interest. Assuming neither one of them makes any deposits or withdrawals for 5 years, which of the following is a true statement? Jameson will have about $9,367.58 less in his account than Quincy.

Jameson will have about $267.58 less in his account than Quincy.

Jameson will have about $2,367.58 more in his account than Quincy.

Jameson will have about $2,100 more in his account than Quincy.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 20:00
Suppose a store sells an average of 80 cases of soda per day. assume that each case contains 24 cans of soda and that the store is open 10 hours per day. find the average number of soda that the store sells per hour.
Answers: 1
question
Mathematics, 21.06.2019 20:10
Complete the solution of the equation. find the value of y when x equals -5. -4x - 8y = -52
Answers: 2
question
Mathematics, 21.06.2019 20:30
Cody was 165cm tall on the first day of school this year, which was 10% taller than he was on the first day of school last year.
Answers: 1
question
Mathematics, 21.06.2019 22:30
Will give brainliestbased on the topographic map of mt. st. helens, what is the contour interval if the volcano height is 2,950 m?
Answers: 3
You know the right answer?
Jameson and Quincy each deposit $7,000 into accounts that earn 6% interest, but Jameson earns annual...
Questions
question
Mathematics, 08.03.2021 21:10
question
Mathematics, 08.03.2021 21:10
question
Biology, 08.03.2021 21:10
question
Mathematics, 08.03.2021 21:10
question
Mathematics, 08.03.2021 21:10
question
Mathematics, 08.03.2021 21:10
question
Mathematics, 08.03.2021 21:10
question
Mathematics, 08.03.2021 21:10