Mathematics
Mathematics, 25.11.2021 23:00, megnik0714

An investor puts $1500 into a savings account paying 8% compound interest per annum. He also puts $6000 into a savings bond paying 10% simple interest.
Calculate:
(a) the amount in the savings account after 3 years,

(b) the interest paid by the savings bond after 3 years.

answer
Answers: 3

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An investor puts $1500 into a savings account paying 8% compound interest per annum. He also puts...

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