Lee and Lyn both invested their birthday money. Lee put his money in a savings account that earned 8% simple interest annually. Lyn put her money in an account that earned 8% interest compounded annually. Who made the better investment and why?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Lee and Lyn both invested their birthday money. Lee put his money in a savings account that earned 8% simple interest annually. Lyn put her ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Here's a subtraction problem that has been solved incorrectly. 2 1 - 9 1 1 Choose the addition sentence that checks this subtraction problem. A) 21 + 9 30 B) 1 1 + 9 2 0 C) 1 1 + 2 1 3 2
Answers (1)
Simplify the following equation: 17x-6+3x-5 = x+11+4x
Answers (1)
A particular hybrid car travels approximately 204 mi on 4 gal of gas. Find the amount of gas required for a 714 -mi trip.
Answers (1)
Gary bought an MP3 player at a 20% discount sale for $52. What was the original price of the MP3 player?
Answers (1)
Make x the subject 4x=y
Answers (1)
New Questions in Mathematics
The price of a game after a 25% discount was $207. what was the price before the discount
Answers (2)
Amy leaves a rest stop at 2 PM traveling west, at 45 miles per hour. Sarah leaves 2 hours later, also traveling west, but at 55 miles per hour.
Answers (1)
4) Bill knows that the volume of a rectangular prism is 400 cm'. The box is labeled with the length as 6.5 cm and the width as 1.5 cm. What is the approximate height of the box? How do I find the height of the box?
Answers (1)
Which expression is equivalent to complex fraction 3/x-1-4/2-2/x-1
Answers (1)
4x^2-16x-5 can be written in vertex form f (x) = a (x-h) ^2+k. What are the values of a, h, and k.
Answers (1)