Mathematics
Mathematics, 27.06.2019 11:20, Circe7527

You save 8,500.00 you place 40% in a saving account earning a 4.2 apr compounded annually and the rest in a stock plan. the stock plan decreases 3% in the first year and increase in the second year 1. what is the total gain at the end of the second year for both accounts combined ? 509.632. 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? 73.12i already know the answers to both since my teacher gave it to me, but now i need to explain the step by step procedures on how to get that answer.

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