Mathematics, 30.04.2021 09:10 rbrummitt6922

Oscar will deposit $4,000 in an account that earns 3% simple interest every year. His sister Maria will deposit $3,000 in an account that earns 4% interest compounded annually.

The deposits will be made on the same day, and no additional money will be deposited or withdrawn from the accounts.

Which statement about the balances of Oscar’s account and Maria’s account at the end of 2 years is true?

Oscar's account will have about $3.60 more than Maria’s account.
Oscar's account will have about $3.60 more than Maria’s account.

Maria’s account will have about $3.60 more than Oscar's account.
Maria’s account will have about $3.60 more than Oscar's account.

Oscar's account will have about $4.80 more than Maria’s account.
Oscar's account will have about $4.80 more than Maria’s account.

Maria’s account will have about $4.80 more than Oscar's account.
HELPP

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 18:00, s108870

Marla bought a book for $12.95, a binder for $3.49, and a backpack for $44.99. the sales tax rate is 6%. find the amount of tax and the total she paid for these items

Answers: 1

continue

Mathematics, 21.06.2019 22:30, hbhdnjdndj1867

The moats separating people from the animals are 5 m wide for lions and 4 m wide for the elephants. if the lion’s moat is 4 m deep, how deep should the elephants’ moat be?

Answers: 1

continue

Mathematics, 22.06.2019 00:10, rero

Solve for b. ab + c= d b= a + old ob=allc-ch b= (d-c/a

Answers: 3

continue

Mathematics, 22.06.2019 00:30, aylineorozco836

If m_b=mzd= 43, find mzc so that quadrilateral abcd is a parallelogram o 86 137 o 129 43 description

Answers: 1

continue

You know the right answer?

Oscar will deposit $4,000 in an account that earns 3% simple interest every year. His sister Maria...