Question: 9,10 1 points Save Ans QUESTION Jamie eamed $180 in interest on her savings account last year. She has decided to leave the $180 in
1 points Save Ans QUESTION Jamie eamed $180 in interest on her savings account last year. She has decided to leave the $180 in her account so that she can eam interest on the $180 this year. The interest Jamie eams this year on this $180 is referred to as O simple interest O complex interest O accrued interest O interest on interest O discounted interest QUESTION 10 1 points Save Answ Eric has $4,800 that he wants to invest for 4 years. He can invest this amount at his credit union and eam 4 percent simple interest. Or, he can open an account at Compass Bank and earn 3.65 percent interest, compounded annually. If he decides to invest at Copmpass Bank for 3 years, he will: O earn $15.02 more than if he had invested with his credit union O earn $27.89 less than if he had invested with his credit union O earn the same amount as if he had invested with the credit union O have a total balance of $4,992 in his account after one year O have a total balance of $4,876 in his account after one year. Cliek Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit O Type here to search 4 5 6
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