Jessica deposits$ 20,000 into an account that pays3 % interest per…Jessica deposits$20,000into an account that pays3%interest per year, compounded annually.Tom deposits$20,000into an account that also pays3%per year. But it is simple interest.Find the interest Jessica and Tom earn during each of the first three years.Then decide who earns more interest for each year.Assume there are no withdrawals and no additional depositsMath Algebra MATH 144
solved : Jessica deposits$ 20,000 into an account that pays3 % intere
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