nlee6
Answered

At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Our Q&A platform provides quick and trustworthy answers to your questions from experienced professionals in different areas of expertise. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

seth put $500 in his savings account, which earns a earns a simple interest rate of 4%

A. use the simple interest equation ( I=Prt ) to find out how much interest seth earns after 6 years.
B. now find out how much interest seth wold earn if he were to earn 7% compound interest for 6 years

Someone help me out :)