Mathematics, 23.09.2020 18:01 zamudioj92p80d12
Sam invests $9,400 in a fund yielding 5.2% simple interest annually. At the same time, Pat shops around for a better interest rate and invests $9,400 in a fund yielding 6.0% simple interest annually. After seven years, how much more interest has Pat’s fund earned than Sam’s fund? a. $817.80 b. $3,948.00 c. $652.40 d. $526.40
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Sam invests $9,400 in a fund yielding 5.2% simple interest annually. At the same time, Pat shops aro...
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