Answered

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Brian has deposited $2,200 in a savings account that earns 7%
simple interest every year. His friend, Carlos, deposited $2,100 in a
saving account that earns 8% simple interest. Both Brian and Carlos
opened their accounts on the same day and have not made any more
deposits in either account. What will be the difference in their savings
accounts after 5 years?

Sagot :

moragarci7456

Answer:

The difference after 5 years is 772.57

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