Mathematics, 26.04.2021 20:50 stephanieboyd
Kay invests £1500 in an account paying 3% compound interest per year.
Neil invests £1500 in an account paying r% simple interest per year.
At the end of the 5th year, Kay and Neil's accounts both contain the same amount of money.
Calculate r.
Give your answer correct to 1 decimal place.
Answers: 2
Mathematics, 21.06.2019 14:10
You invested $5000 between two accounts paying 4% and 9% annual interest, respectively. if the total interest earned for theyear was $350, how much was invested at each rate? $was invested at 4% andwas invested at 9%.
Answers: 3
Mathematics, 21.06.2019 19:30
Solve for x and y: 217x + 131y = 913; 131x + 217y = 827
Answers: 1
Kay invests £1500 in an account paying 3% compound interest per year.
Neil invests £1500 in an acc...
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