wherearetheburritos wherearetheburritos

20-04-2020
Mathematics

contestada

Barry and Larry both deposited $15,000 into a savings account. Barry put his money into an account earning 3.5% simple interest and Larry put his money into an account earning 3.5% annual compound interest. Both leave the money in the account for 30 years. What is the difference in their ending balances?

Respuesta :

peypeyjones peypeyjones

20-04-2020

Answer:

11,351.91

I took the test.

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