The square root of 4 is 2 because 2•2 is 4
Answer:
The anwser is D 0.8
Step-by-step explanation:
On the account with interest compounded annually, the account balance will be
P*(1 +r)^t
4500*1.06³ = 5358.57
so the interest earned will be
5358.57 -4500 = 859.57
On the account with simple interest, the interest earned will be
I = Prt
I = 4500*.06*3
I = 810.00
The total interest earned on the two accounts will be
$859.57 +810.00 = $1669.57 . . . . . . . . selection A
