Register
Michael has 2 options to invest $10,000: 1. 4% Simple Interest for 10 years. 2. 3.25% Compound Interest for 10 years. Which will earn him more money? Question 2 options: Option 1 Option 2 They are equal
233k views
2 votes
Michael has 2 options to invest $10,000: 1. 4% Simple Interest for 10 years. 2. 3.25% Compound Interest for 10 years. Which will earn him more money? Question 2 options: Option 1 Option 2 They are equal

User Jonathan Striebel
by
7.9k points

1 Answer

5 votes

Answer:

Option C

Step-by-step explanation:

They are equal

User Notacouch
by
8.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!