Which of the following situations
would result in the greatest amount of
interest earned over...
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Mathematics, 28.05.2021 17:40 holycow7868
Which of the following situations
would result in the greatest amount of
interest earned over a 15 year period?
A) $8,000 in an account that earns 2% interest compounded annually
B) $6,000 in an account that earns 3% interest compounded annually
C) $8,000 in an account that earns 2% simple interest annually
D) $6,000 in an account that earns 3% simple interest annually
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Answers: 3
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