Mathematics, 29.04.2021 20:40 queenz58
Joseph has $10,500 to invest. He initially chose a simple annual interest rate of 5% for four years, but decided to consider other options. Which of the following changes will increase the interest he earns the most?
F. Simple interest, 4.75%, 4.5 years
G. Simple interest, 5.25%, four years
H. Simple interest, 5%, 4.25 years
J. Compound interest, 5%, four years
Answers: 1
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Joseph has $10,500 to invest. He initially chose a simple annual interest rate of 5% for four years,...
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