Mathematics, 15.01.2021 22:10 austinlogan3218
PLEASE HELP ASAP! Stanley deposits $1,000 into a savings account that pays 1% interest. At the end of the first year, he's earned $10 in interest and there is $1,010 in the account. If the account has simple interest, the 1% interest for year two would be based off If the account has compounding interest, the 1% interest for year two would be based off (NOTE: The first choice goes in the first blank, the second choice goes in the second blank)
A - The original deposit ($1,000); The year one account balance ($1,010)
B - The original deposit ($1,000); The year one interest ($10)
C - The year one account balance ($1,010); The year one interest ($10)
D - The year one account balance ($1,010); The original deposit ($1,000)
Answers: 2
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PLEASE HELP ASAP! Stanley deposits $1,000 into a savings account that pays 1% interest. At the end o...
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