Christine and Joe each opened a separate account with $2000. They were each offered a 7% interest rate for 2 years. After 2 years, Christine earned more than Joe. Why? A. Christine earned simple interest, and Joe earned compound interest. B. Christine earned compound interest, and Joe earned simple interest. C. Christine invested for a different amount of time than Joe. D. Christine had a different interest rate than Joe.

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get our expert's

answer on brainly

SEE EXPERT ANSWER

Get your free account and access expert answers to this and thousands of other questions.

A community for students.

Christine and Joe each opened a separate account with $2000. They were each offered a 7% interest rate for 2 years. After 2 years, Christine earned more than Joe. Why? A. Christine earned simple interest, and Joe earned compound interest. B. Christine earned compound interest, and Joe earned simple interest. C. Christine invested for a different amount of time than Joe. D. Christine had a different interest rate than Joe.

Mathematics
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get this expert

answer on brainly

SEE EXPERT ANSWER

Get your free account and access expert answers to this and thousands of other questions

i think its B
Makes sense to me :-)
I concur with JoannaBlackwelder

Not the answer you are looking for?

Search for more explanations.

Ask your own question

Other answers:

okay then im gonna go with B! thanks
there is no indication that one was a difference interest calculation then the other
B makes the most sense of course, but its asking you to make that assumption.
another assumption could be that Joe made withdrawls? or Christina made deposits? if we are going to just delve into whatifs, then whose are just as whatif-ables.

Not the answer you are looking for?

Search for more explanations.

Ask your own question