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Mathematics, 23.11.2019 04:31 brisamauro27
You are given a choice of taking the simple interest on $10,000 invested for 2 years at a rate of 3% or the interest on $100,000 invested for 2 years at an interest rate of 3% compounded daily (use the banker's rule ).
which investment earns the greater amount of interest?
give the difference between the amounts of interest earned by the two investments.
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You are given a choice of taking the simple interest on $10,000 invested for 2 years at a rate of 3%...
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