Test Prep
Leeann and Lex are brother and sister who both received
54000 to start a college fu...
Mathematics, 15.04.2021 01:40 34267
Test Prep
Leeann and Lex are brother and sister who both received
54000 to start a college fund.
Leeann put her $4000 into an account that pays 4% simple
interest.
• Lex put his money into an account that pays 4%
compounded annually.
Who has more money in their account at the end
of 5 years? (no other money was deposited over
the 5 years)
A Leeann
B Lex
c. They have the same amount.
D. Not Here
Answers: 1
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