Asked by Anonymous

You are debating about whether to buy a new computer for $800.00 or a refurbished computer with the same equipment for $640.00. If a savings account earns 4.5% APR interest, how much do you really save with a refurbished computer if you put the difference into the savings account for a year?
Answered by Anonymous
Do your own test!
Answered by B
$800 - $640 = $160
So you invest $160 for one year and get 4.5 % interest on it.
$160 * 1.045 = $167.20 in the bank after one years interst is added.
Answered by Anonymous
What is the difference in the account balances shown below?

Behrooz: (-$21.00)
Cody: $3.00
Answered by Donald bobes
167.20
Answered by Arianna heyward
167.20
There are no AI answers yet. The ability to request AI answers is coming soon!