Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Our platform offers a seamless experience for finding reliable answers from a network of experienced professionals. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Juan will deposit $1.250 in an account that earns 3% simple interest every year. His brother Pedro will deposit $1,000 in an account that earns 5% interest compounded
annually. The deposits will be made on the same day, and no additional money will be deposited or withdrawn from the accounts. Which statement about the balances of
Juan account and Pedro account at the end of 4 years is true?
A) Juan's account will have about $184.49 more than Pedro's account.
B) Juan's account will have about $1065,51 more than Pedro's account.
c) Pedro's account will have about $1065.51 more than Juan's account
D) Pedro's account will have about $184.49 more than Juan's account.

Sagot :

yaya378
well if you do the math correctly the answer goes out to A)
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.