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asked Jul 16, 2021 182k views

4 votes

I’m confused and need help

Mathematics
high-school

Siddhartha Esunuri asked

by Siddhartha Esunuri

4.9k points

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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.

Sterling Archer answered Jul 22, 2021

by Sterling Archer

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