Question

Christine and Joe each opened a separate account with $2000. They were each offered a 7% interest rate for 2 years. After 2 years, Christine earned more than Joe. Why? will fan and medal

Answer 1

are these all the illustrations ?

Answer 2

Christine earned simple interest, and Joe earned compound interest.

B.
Christine earned compound interest, and Joe earned simple interest.

C.
Christine invested for a different amount of time than Joe.

D.
Christine had a different interest rate than Joe.

Answer 3

i believe so yes

Answer 4

and may you help me with like 4 more?
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Answer 5

well, could be A and D

Answer 6

k, then im gonna lay down.

Answer 7

thx

Answer 8

How much simple interest is earned on $1000 at 3% interest for 3 months?
Give your answer in dollars and cents.

Simple Interest
I = p • r • t

Answer 9

here p=1000$, r=0.03, t=1/4

Answer 10

7.5?

Answer 11

sorry, t=3

Answer 12

so 90?