Mathematics, 10.05.2021 22:30 josephvaldez518

Quincy has saved $2500 so far to buy a new car in 4 years. He can put this amount into an account, that earns 3.2% simple interest, or another with 3.5% compounded annually. Which method of earning
interest should he choose, simple or compound, and how much more interest will the account earn
using that method?

Answers: 2

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