W
ale growing?
row $250. moneybags
k will charge him 8% simple
eck to borrow the money.
john deeds to borrow $250. m.
municipal bank will charge him
interest each week to borrow then
scrooge savings will charge him
compound interest each week. with
m. john decide which loan is the
better choice.
make a table for each bank. the table
should show the amount john ow.
each week for 12 weeks.