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Mathematics, 09.12.2019 20:31 happy121906
You save $8,500.00. your original plan was to place 40% in a savings account earning a 4.2% apr compounded annually and the rest in a stock plan that decreases 3% in the first year and increases 7.5% in the second year. if you had invested 60% in the savings account and the rest in the stock plan, what is the difference in the total gain compared to the original plan?
a. $75.99
b. $85.25
c. $81.91
d. $73.12
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You save $8,500.00. your original plan was to place 40% in a savings account earning a 4.2% apr comp...
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