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Over 2 years, how much more does $2000 in a savings account with an APR of 4.2% compounded semiannually earn in interest than the same amount in a savings account with an APR of…

Over 2 years, how much more does $2000 in a savings account with an APR of 4.2% compounded semiannually earn in interest than the same amount in a savings account with an APR of…
asked 34.5k views
5 votes
Over 2 years, how much more does $2000 in a savings account with an APR

of 4.2% compounded semiannually earn in interest than the same amount in
a savings account with an APR of 3.6% compounded monthly?

asked
User Husam
by
8.1k points

1 Answer

6 votes
It will be 4000 cause if u add that together it will give you 4000
answered
User Nickboldt
by
8.7k points
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