cate15 cate15
  • 20-04-2017
  • Mathematics
contestada

Your rich uncle deposits $10,000 in a bank account for you when you are born he plans to give it to you at 18 to help pay for collage
a. How much money will you have if he invests it a 8% with simple interest
b. How much money will you have if he invests it at 8% with compound interest

Respuesta :

rbowman565
rbowman565 rbowman565
  • 20-04-2017
the simple interest is 24400
the compounded interest is 39960.19
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