Register
Which invesment is better $1200 at 9% 2 years or $ 1200 at 8% for 2 years
105k views
4 votes
Which invesment is better $1200 at 9% 2 years or $ 1200 at 8% for 2 years

User Spindoctor
by
8.3k points

1 Answer

7 votes

Answer:

The investment of $1200 at 9% for 2 years is better than the investment of $1200 at 8% for 2 years. This is because the higher interest rate of 9% will result in a higher return on the investment over the 2 year period.

User Tstempko
by
8.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.8m questions

11.4m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
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)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!