Mathematics

Brielle Burgess

18 June, 17:38

Which of the following accounts will yield the greatest amount of interest on an initial deposit of $500.00?

a) Account that pays 6% interest compounded annually for 3 years.

b) Account that pays 4% interest compounded annually for 4 years.

c) Account that pays 3% interest compounded annually for 5 years.

d) Account that pays 5% interest compounded annually for 6 years.

+5

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