XYZ just deposited $3,700 in an account that will earn 7.1 percent per year in compound...

XYZ just deposited $3,700 in an account that will earn 7.1 percent per year in compound interest for 9 years. If Svetlana deposits $4,000 in an account in 3 years that earns simple interest, then how much simple interest per year must Svetlana earn to have the same amount of money in 9 years from today as XYZ will have in 9 years from today?

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jeff jeffy answered 1 year ago

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