Question

Linda deposits 1,800 into an account that pays 7.5% interest compounded annually. Anna deposits 4,000 into an account that pays 5% interest, compounded annually. if no additional deposits are made to either account, what is the balance of each at the end of 10 years? (to the nearest dollar)

Answer 1

Linda-->1800×7,5/100 =135 $ per year. 135×10=1350$

Anna-->4000×5/100=200$ per year. 200×10=2000 $

Linda=1800+1350=3150$

Anna=4000+2000=6000$

Good lessons. Brainliest me!

Answer 2

Answer:

Linda's account: $3,710

Anna's account: $6,516

Step-by-step explanation: