jandtmoorehead jandtmoorehead

19-04-2024
Mathematics

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Nicole deposits $50,000 into an account that pays 2% interest per year compounded annually Chris deposits 50,000 into an account that also pays 2% per year but is simple interest. Find the interest Nicole and Chris earned during each of the first three years then decide who earns more interest each year.

Nicole deposits 50000 into an account that pays 2 interest per year compounded annually Chris deposits 50000 into an account that also pays 2 per year but is si class=

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