Mathematics, 20.01.2021 01:10 cyaransteenberg

Investment A Save £160 per month for 2 years.

2.5% interest is added to the total amount saved.

Investment B

Invest £3800

Compound interest is added at 3% per year.

After 2 years, how much more is investment B worth than investment A?

Answers: 1

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Investment A Save £160 per month for 2 years.

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More questions: Mathematics Another questions

Investment A Save £160 per month for 2 years. 2.5% interest is added to the total amount saved. Investment B Invest £3800 Compound interest is added at 3% per year. After 2 years, how much more is investment B worth than investment A?

Answers

Another question on Mathematics

Investment A Save £160 per month for 2 years.

2.5% interest is added to the total amount saved.

Investment B

Invest £3800

Compound interest is added at 3% per year.

After 2 years, how much more is investment B worth than investment A?