# MATH HELP! Complex Interest

Huan deposited \$850 into a collegesavings account earning 4.8% interestcompounded annually. He also deposited\$850 into a second account earning 4.8%simple interest. He made no additionaldeposits. After 10 years, which account earnedmore interest? How much more?

A The account with compounded interest earned
\$1,0004.10 more interest.
B The account with the simple interest earned
\$1,004.10 more interest.
C The account with the simple interest earned
\$100.41 more interest.
D The account with compounded
interest earned \$100.41 more
interest.

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3. 18
1. I think you mean compound not complex

850 (1.048)^10 - 850 and 850(.048)(10)

850 (.598) and 850(.480)

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posted by Damon
2. THANKS!!!!

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posted by DerpyPegasus33

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