Marcus will deposit $500 into account A which earns 3.5% annual simple interest. He will deposit $325 into account B which earns 3.25% interest compounded annually. Marcus will not make any additional deposit or withdrawals. which amount is closest to the total balance of these two accounts at the end of 2 years?
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Home » Mathematics » Marcus will deposit $500 into account A which earns 3.5% annual simple interest. He will deposit $325 into account B which earns 3.25% interest compounded annually. Marcus will not make any additional deposit or withdrawals.