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I’m confused and need help
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I’m confused and need help

I’m confused and need help-example-1
User Siddhartha Esunuri
by
6.7k points

1 Answer

2 votes
Okay so basically you will need two sets of working out.
Sandra:
I=PRN
=14000x7x0.045
=4410
Cindy:
I=PRN
=14000x7x0.06
=5880
5880-4410
=1470
Therefore, Cindy earnt $1470 more than Sandra after 7 years.
User Sterling Archer
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7.0k points
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