Mathematics, 02.12.2020 01:00 niyahdabadest
7. A man wishes to invest $3500. He can buy savings bonds which pay simple
interest at the rate of 12% per annum or he can start a savings account which
pays compound interest at the same rate. Calculate the difference in the
amounts of the two investments at the end of the 3 years.
a)
1200 x 9 x2
=
Answers: 1
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7. A man wishes to invest $3500. He can buy savings bonds which pay simple
interest at the rate of...
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