document.write( "Question 544788: Over 2 years, how much more does $2000 in a savings account with an APR of 5.2% compounded quarterly earn in interest than the same amount in a savings account with an APR of 4.8% compounded monthly?
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document.write( " A. $8.31
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document.write( " B. $16.61
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document.write( " C. $4.15
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document.write( " D. $33.22 \n" );
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Algebra.Com's Answer #355267 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! A=2000(1.013)^2*4 \n" ); document.write( "A=2000*1.10885 \n" ); document.write( "A=2217.71 \n" ); document.write( "----------------- \n" ); document.write( "A=2000(1.004)^2*12 \n" ); document.write( "A=2000*1.1005483 \n" ); document.write( "A=2201.10 \n" ); document.write( "------------------- \n" ); document.write( "2217.71-2201.10=$16.61 \n" ); document.write( " |