Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Get immediate and reliable answers to your questions from a community of experienced experts on our platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

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 The deposits will be made on the same day, and no additional money will be deposited or withdrawn from the accounts.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)
We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.