the balances of Caiden's account and Julia's account at the end of 12.5 years is true? * Caiden's account will have about $1,057.35 more than Julia's accoun Caiden's account will have about $257.35 more than Julia's account. Julia's account will have about O $1,057.35 more than Caiden's account. Julia's account will have about $257.35 more than Caiden's accour

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Caiden and Julia each deposit $800 into 20 p
separate accounts on the same day.
Caiden's account earns 6% simple
interest every year. Julia's account
earns 6% interest compounded
annually. No additional money is
deposited or withdrawn from either of
the accounts. Which statement about
the balances of Caiden's account and
Julia's account at the end of 12.5 years
is true? *
Caiden's account will have about
$1,057.35 more than Julia's accoun
Caiden's account will have about
$257.35 more than Julia's account.
Julia's account will have about
O $1,057.35 more than Caiden's
account.
Julia's account will have about
$257.35 more than Caiden's accour
Transcribed Image Text:Caiden and Julia each deposit $800 into 20 p separate accounts on the same day. Caiden's account earns 6% simple interest every year. Julia's account earns 6% interest compounded annually. No additional money is deposited or withdrawn from either of the accounts. Which statement about the balances of Caiden's account and Julia's account at the end of 12.5 years is true? * Caiden's account will have about $1,057.35 more than Julia's accoun Caiden's account will have about $257.35 more than Julia's account. Julia's account will have about O $1,057.35 more than Caiden's account. Julia's account will have about $257.35 more than Caiden's accour
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