5 Mylyssa can deposit 2 400 into a money market account

Last updated: 6/23/2023

5 Mylyssa can deposit 2 400 into a money market account earning 6 4 simple interest annually or Mylyssa can deposit 2 400 into a savings account earning 5 25 compound interest annually Which of the following is NOT true A The initial deposit after five years will total 3 168 00 in the money market account or 3 099 71 in the savings account B The initial deposit after ten years will total 3 936 00 in the money market account or 4 003 43 in the savings account C The initial deposit after fifteen years will total 5 170 62 in the money market account or 4 704 00 in the savings account D The initial deposit after twenty years will total 5 472 00 in the money market account or 6 678 11 in the savings account