Mathematics, 10.03.2021 19:50 lilpeepxliltracy

James deposits $12,000 into each of two savings accounts. Account I earns 2.2% interest compounded annually. Account II earns 2.2% annual simple interest. There are no additional deposits or withdrawals. What is the sum of the balances of these accounts at the end of 7 years? $27,168.00 $27,696.00 $27,822.53 $27,949.08

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James deposits $12,000 into each of two savings accounts. Account I earns 2.2% interest compounded a...