lazybee51 lazybee51

25-09-2022
Mathematics

Answered

2. You place $4,000.00 in a bank account with an interest rate of 5.25% APR and another
$2,000.00 in an account with an interest rate of 6.00% APR
a. How much interest will be earned for each account on the original principal in 6 months?
b. What is the difference in the amount of interest earned?
c. Which account has your money working for you the best?

Answer :

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