Mathematics, 10.09.2021 19:10 nickboy52210

Ben deposits $1,750 into each of two savings accounts. .
Account I earns 2.75% annual simple interest.
Account II earns 2.75% interest compounded annually.
.
Ben does not make any additional deposits or withdrawals. Which amount is closest to the
difference between the interest Ben will earn in Account I and the interest Ben will earn in
Account II at the end of 2 years?
A
$96.25
B $1.32
C $97.57
D $193.82
Q

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Ben deposits $1,750 into each of two savings accounts. .
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