Ask your own question, for FREE!
Mathematics 21 Online
OpenStudy (anonymous):

Crestline Bank offers 3% simple interest on deposits. Mid City Bank offers 2% interest compounded annually. Jill deposits $3000 in Crestline Bank and Owen deposits $3000 in Mid City Bank. What is the difference in final balances for Jill and Owen at the end of 5 years? A. $177.82 B. $165.58 C. $150.00 D. $137.76

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!