Business, 14.04.2020 22:30 glogaming16
Marsha and Jan both invested money on March 1, 2007. Marsha invested $8,000 at Bank A where the interest was compounded quarterly. Jan invested $5,000 at Bank B where the interest was compounded continuously. On March 1, 2011, Marsha had a balance of $10542.78 while Jan had a balance of $6,411.11 What was the interest rate at each bank ?
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Marsha and Jan both invested money on March 1, 2007. Marsha invested $8,000 at Bank A where the inte...
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