History Middle School

5 Susie wants to deposit $6,000 into a savings account and plans to leave her money in the account for 10 years. The bank offers two types of savings accounts.
● Account 1: offers 4.5% simple interest
● Account 2: offers 4% interest compounded annually
Which statement about the savings accounts is true?
A Susie should invest her money in Account 1 because the account will earn $300.00 more in interest than Account 2 after 10 years.
B Susie should invest her money in Account 1 because the account will earn $436.35 more in interest than Account 2 after 10 years.
C Susie should invest her money in Account 2 because the account will earn $617.82 more in interest than Account 1 after 10 years.
D Susie should invest her money in Account 2 because the account will earn $181.47 more in interest than Account 1 after 10 years.

Answers

Answer 1
Option D

Step 1

Account 1
The simple interest formula is equal to
A = P(1 + rt)

A is the final investment value
P is the principal amount of money to be invested
r is the rate of interest
t is the number of time periods
Answer 2

Answer:

D

Explanation:

Related Questions

Read the sequence of events in the selection and choose the statement that occurred first. If both occurred at the same time, choose that option. The picture was fastened to the wall, so she had to cut the picture out of the frame. Then Dolley Madison took the painting out and rolled it up. Dolley cut the picture out of the frame. Both took place at the same time. Dolley rolled the painting up.

Answers

Answer:

I'm unsure about the phrasing of this question, but if I'm reading it correctly, the correct sequence of events here would be:

The picture was fastened to the wall, so Dolley had to cut the picture out of the frame. Then, after she had cut it, she took the painting out and rolled it up.

Due to the nature of what Dolley is doing, it's not possible for her to do both at the same time.

I hope this helps!! Brainliest appreciated ✧

Kinda unsure what you're trying to ask but the painting was attached to the wall and was not coming off so they broke the frame rolled up the picture and ran out since you know it was on fire and all.

Which type of economic system does the United States have?

A.
Market

B.
Command

C.
Mixed

D.
Traditional

Answers

It is a market and c mixed
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