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What's the difference in the total value of a $9000 deposit between an account with an annual simple interest rate of 4% and an account with an annual compound interest rat…

What's the difference in the total value of a $9000 deposit between an account with an annual simple interest rate of 4% and an account with an annual compound interest rat…
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What's the difference in the total value of a $9000 deposit between an account with an annual simple interest rate of 4% and an account with an annual compound interest rate of 4% after 35 years?

asked
User Stormbeta
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8.2k points

1 Answer

2 votes

Answer:

Explanation:

3000

answered
User Nomenator
by
8.1k points
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