Mathematics, 08.12.2021 02:30 skdkdksks
Karen has $8,500 to invest for 3 years. She can earn simple interest at a rate of 4.5% per year, or interest compounded annually at a rate of 4.5% per year. Which method of earning interest should she choose, simple or compound, and how much more interest will she earn using this method?
Answers: 2
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Karen has $8,500 to invest for 3 years. She can earn simple interest at a rate of 4.5% per year, or...
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