# simple interest and compound interest [Pending...]

**asterism** 14 Jul 2020, 06:41

### My question

Advin has $1500 to invest in one of the following ways.

๏ท Account A paying simple interest at a rate of 4.1 % per year.

๏ท Account B paying Compound interest at a rate of 3.3% per year.

Which account will be worth more after 3 years and by how much?

### Relevant page

Simple Interest Calculator - WebMath

### What I've done so far

i dont understand what to do..

X

Advin has $1500 to invest in one of the following ways.
๏ท Account A paying simple interest at a rate of 4.1 % per year.
๏ท Account B paying Compound interest at a rate of 3.3% per year.
Which account will be worth more after 3 years and by how much?

Relevant page
<a href="http://www.webmath.com/simpinterest.html">Simple Interest Calculator - WebMath</a>
What I've done so far
i dont understand what to do..

## Re: simple interest and compound interest

**Admin** 17 Jul 2020, 22:52

Tell me what your lesson notes or textbook say about Simple and Compound Interest!

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Tell me what your lesson notes or textbook say about Simple and Compound Interest!

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