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17 December, 18:26

Stacey deposits $5,000 into an account that pays 2 percent interest, compounded annually. At the same time, Kurt deposits $5,000 into an account paying 3.5 percent interest, compounded annually. At the end of three years:

A) Both Stacey and Kurt will have accounts of equal value.

B) Kurt will have twice the money saved that Stacey does.

C) Stacey will have more money saved than Kurt.

D) Kurt will have a larger account value than Stacey will.

E) Kurt will earn exactly twice the amount of interest that Stacey earns.

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Answers (1)
  1. 17 December, 18:33
    0
    D

    Explanation:

    because Kurt's own is 3.5 whiles Stacey's own is 2 I mean the interest in presents
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