kaseyly118 kaseyly118

09-12-2020
Mathematics

contestada

Which of the following plans will produce the greater earnings for an investment of $500 over 5 years?
Plan A: simple interest rate of 6.75%
Plan B: rate of 6.5% compounded annually

Please help as fast as possible! Tysm <3

Respuesta :

emorris06 emorris06

09-12-2020

i believe the answer is plan b: rate of 6.5% compounded annually.

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collagestudent112 collagestudent112

10-12-2020

Answer:

plan a

Step-by-step explanation:

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