Nicola says there is no difference between the 2 bank accounts whose details are shown in the image. is she correct? explain your answer bank a= 2% simple interest for 3 years bank b= 2% compound interest

Nicola says there is no difference between the 2 bank accounts whose details are shown in the image. is she correct? explain your answer

bank a= 2% simple interest for 3 years
bank b= 2% compound interest for 3 years

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Nicola says there is no difference between the 2 bank accounts whose details are shown in the image. is she correct? explain your answer bank a= 2% simple interest for 3 years b…

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