Mathematics, 16.04.2021 20:00, lizzyhearts

In 2002 a group of investors invested $100,000 at 3.5% for 1 year. In 2003 interest rates climbed to 5.5%. How much more money would the investors have made by investing the same amount of money at the 2003 interest rate? $200.00
$2000.00
$9000.00
$20,000.00

Answers: 2

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In 2002 a group of investors invested $100,000 at 3.5% for 1 year. In 2003 interest rates climbed to 5.5%. How much more money would the investors have made by investing the same amount of money at the 2003 interest rate? $200.00 $2000.00 $9000.00 $20,000.00

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In 2002 a group of investors invested $100,000 at 3.5% for 1 year. In 2003 interest rates climbed to 5.5%. How much more money would the investors have made by investing the same amount of money at the 2003 interest rate? $200.00
$2000.00
$9000.00
$20,000.00