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Global Stats
Source: Princeton Review
On January 1st Thomas deposited $2,000 into an interest bearing checking account. if he made no withdrawals, what was the total amount Thomas had in checking account on December 31st of the same year?
1) Thomas deposited an additional $4,000 throughout the year
2) The checking account earned 7 percent simple annual interest
The OA is E
On January 1st Thomas deposited $2,000 into an interest bearing checking account. if he made no withdrawals, what was the total amount Thomas had in checking account on December 31st of the same year?
1) Thomas deposited an additional $4,000 throughout the year
2) The checking account earned 7 percent simple annual interest
The OA is E
