subject
Mathematics, 07.06.2020 13:40 gabyzermeno16

Southern Bank has two types of account. Both accounts pay compound interest.

Everyday saver account:
Interest
2.4% per annum

1234 account:
Interest
3.4% per annum

Sue invests £2300 in the saver account.
Bill invests £1800 in the 1234 account.

a) Work out how much interest Sue and Bill each get after 3 years.
Sue:
Bill:

b) If the interest for the 1234 account changes to 4% in the 3rd year,
who will get the most interest after 3 years, Sue or Bill?
(THE ANSWER TO THIS IS 'Bill', I put it in just in case someone
else wanted to know)

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 19:00
If olu is twice as old as funmi if the sum of their ages is 60 how old is olu
Answers: 1
question
Mathematics, 21.06.2019 20:00
Three baby penguins and their father were sitting on an iceberg 0.50.50, point, 5 meters above the surface of the water. the father dove down 4.74.74, point, 7 meters from the iceberg into the water to catch dinner for his kids. what is the father penguin's position relative to the surface of the water?
Answers: 2
question
Mathematics, 21.06.2019 21:00
Aquadrilateral has exactly one pair of parallel sides. which name best describes the figure?
Answers: 3
question
Mathematics, 21.06.2019 21:00
Describe how making an ‘and’ compound sentence effects your solution set
Answers: 1
You know the right answer?
Southern Bank has two types of account. Both accounts pay compound interest.

Everyday sa...
Questions
question
Biology, 21.03.2020 03:09
question
Mathematics, 21.03.2020 03:09
question
Mathematics, 21.03.2020 03:09
question
Computers and Technology, 21.03.2020 03:09
Questions on the website: 13722359