Mathematics, 02.02.2021 08:20 ajam71501
After ten years, how much money would sandy have if she puts all her money in Bank “A”?
The word problem:
Sandy has $4,500 to invest. She can choose to put the money in Bank “A” that pays 5% interest per year compounded semi-annually (twice per year) or she can choose. Bank “B” that pays 4.8% interest per year compounded continuously.
Answers: 2
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After ten years, how much money would sandy have if she puts all her money in Bank “A”?
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