5) Exam questions
Viv wants to invest £2000 in a
bank for two years.
The International B...
Mathematics, 04.05.2021 23:50 bri9263
5) Exam questions
Viv wants to invest £2000 in a
bank for two years.
The International Bank
Compound Interest
4% for the first year
1% for each extra year
The Friendly Bank
Compound Interest
5% for the first year
0.5% for each extra year
Which bank should she invest in
and why?
Answers: 2
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