mrflexington77
mrflexington77
12.12.2019 • 
Mathematics

Melanie invests $4,000 into an account offering 4% interest compounded annually. gina invests $4,000 into a simple interest
savings account offering a 4.5% interest rate. what is the dollar amount of the greater balance at the end of five years? round
to the nearest dollar. use the formula a-p{1+) for compound interest; use the formula / - prt for simple interest.

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