Tryingnottofail8486 Tryingnottofail8486

12-09-2022
Mathematics

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Mary deposits $30,000 into an account that pays 4% interest per year, compounded annually. Josh deposits $30,000 into an account that also pays 4% per year. But it is simple interest.

Find the interest Mary and Josh earn during each of the first three years. Then decide who earns more interest

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