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cindy earns 6% simple interest
What is the difference between simple interest and compound interest?(1 point)
Responses A simple interest rate earns interest
1 answer
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What is the difference between simple interest and compound interest?(1 point) Responses A simple interest rate earns interest
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Mr. Simpson deposits his money in a savings account at the Springfield Bank. Would he earn more money with simple interest or
5 answers
193 views
cindy earns 6% simple interest each year on her savings account. if she has $850 in her account and leaves the money in there
1 answer
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sierra
645 views
A mother wants to invest $5000 for her son's future education. She invests a portion of the money in a bank certificate of
1 answer
asked by
Sara
889 views
How does the interest earned with simple interest compare to that earned with compound interest over time?(1 point)
Responses
1 answer
9 views
Mr. Jarvis invested a total of 10,437 in two savings accounts. One account earns 8% simple interest per year and the other earns
1 answer
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Taylor
1,069 views
Sue has a total of $4000 to invest in two accounts. one account earns 2% simple interest and the other earns 5% simple interest.
1 answer
asked by
phil
1,121 views
A woman invests $15000 in 2 separate investment accounts.
One account earns 5.1%, one earns 4.2% simple interest. If she earns
1 answer
asked by
Scott
891 views
Gia opened two savings accounts at two different banks. One account earns an annual 3.4% simple interest, and the other earns
1 answer
83 views