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What’s the order of the least simple interest to which will earn the most? 1. Investment of $3000at 5% of interest for 20 years 2. Investment of $1000 at 16% simple interest for 20 years 3. Investment
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Aug 4, 2020
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What’s the order of the least simple interest to which will earn the most?
1. Investment of $3000at 5% of interest for 20 years
2. Investment of $1000 at 16% simple interest for 20 years
3. Investment of $3000 at 16% simple interest for 2 years
Mathematics
middle-school
Javieralog
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Answer: Investment of $3000 at 5% of interest for 20 years.
Explanation:
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