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$205 is invested at 4% per year simple interest for 6 years. After this time the principal plus interest is reinvested at 8% per year simple interest for 4 more years. What is the value of the investment
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$205 is invested at 4% per year simple interest for 6 years. After this time the principal plus interest is reinvested at 8% per year simple interest for 4 more years.

What is the value of the investment after 6 years.​

User Charlie Monroe
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4 votes
The value is 49.2 if I’m not wrong
User Ameen
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