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ReeceLehua01
18.09.2019 •
Mathematics
~simple and compound interest~
- -
carly deposited $800 in an account that earns 6% annual compounded semi-annually. lara deposited $800 in an account that earns 6% simple interest. how much will each girl have in their account at the end of 10 years if they make no withdrawals or deposites
(c is for carly, and the l is for lara)
a. c: $1432.68 l: $1280
b. c: $1444.89 l: $1280
c. c: $1444.89 l: $1320
d. c: $1432.68 l: $1320
Solved
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Ответ:
Now for Carly : 6% on a year -> 3% semi anually
Hence after 10 years = 20 half years she'll have
Answer B
Ответ: