Mathematics, 02.02.2021 22:50 sketchers

14. John has $1200 to invest and Tom has $1000 to invest, John chooses to invest his money in a bank that pays 4.2% compounded annually, Tom chooses to invest his money in a bank that pays 6.5% compounded annually. If they both leave their money in the bank for 10 years, whose investment will be worth more?

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14. John has $1200 to invest and Tom has $1000 to invest, John chooses to invest his money in a bank...

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