Register
investment A, save £160 per month for 2 years. 2.5% interest is added to the total amount saved. Investment B, invest £3600, compound interest is added at 3% each year. After two years, how much more is
15.0k views
5 votes
investment A, save £160 per month for 2 years. 2.5% interest is added to the total amount saved. Investment B, invest £3600, compound interest is added at 3% each year. After two years, how much more is investment b worth than investment a?

User Bysreg
by
4.7k points

1 Answer

4 votes
I would be the investment b for 34%
User Sukanta Paul
by
4.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.4m questions

5.7m answers

Other Questions

A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
Solve for x in the equation 3 x squared minus 18 x + 5 = 47. (I need this to be an answer like X=3+\_ square root 23)
Please answer asap.......... ...
What value of x makes the following true? 2(x + 10) = 4( 2x - 1)
The endpoints of line AB are A(−9,−1) and B(−3,7). Find the coordinates of the midpoint M.
Link Copied!