Question

at a fixed
of 12% for 4 years. What will be the amount in
the account at the end of 4 years?
Choose:
○ $312.50
100% 12%
1l
200 (1.12
○ $314.70
. Joe invests $3,000 at a 3% fixed simple interest rate
for 5 years. Sue invests $3,000 at a 3% fixed rate
compounded annually for 5 years. At the end of the
5 years who has more money, and how much more
Choose:
Sue by $77.83
© Joe by $27.82
Sue by $27.82
Joe by $77.83