Crestline bank offers 3 % simple interest do deposits . mid city bank offers 2 % interest coumpouned 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

Question

Crestline bank offers 3 % simple interest do deposits . mid city bank offers 2 % interest coumpouned 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

anonymous · Answer

does anyone know

anonymous · Answer

I can see if I can figure it out, but this is the history section and it would be answered faster in the math section most likely.