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Harrizon [31]
2 years ago
13

A.You have deposited $400 in a simple interest savings account, which pays three percent interest annually. Find the amount of i

nterest for zero, 5, 10, 15, and 20 years.
# years. |
$Savings |
You have deposited the other $400 in a savings account, which pays three percent interest compounded quarterly. Find the amount in the account for zero, 5, 10, 15, and 20 years, using the compound interest formula
Fill in the table.
#years
$Savings
Mathematics
1 answer:
djverab [1.8K]2 years ago
6 0

Answer:

0 years: $0

5 years: $460

10 years: $520

15 years: $580

20 years: $640

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