Join the IDNLearn.com community and start finding the answers you need today. Ask any question and receive timely, accurate responses from our dedicated community of experts.
~SIMPLE AND COMPOUND INTEREST~
-Please help-
Carly deposited $800 in an account that earns 6% annual compounded semi-annually. Lara deposited $800 in an account that earns 6% simple interest. How much will each girl have in their account at the end of 10 years if they make no withdrawals or deposites
(C is for carly, and the L is for Lara)
A. C: $1432.68 L:$1280
B. C: $1444.89 L:$1280
C. C: $1444.89 L:$1320
D. C: $1432.68 L:$1320
Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. Discover the answers you need at IDNLearn.com. Thanks for visiting, and come back soon for more valuable insights.
