Two brothers, mark and charles, each inherit $30000. mark invests his inheritance in a savings account with an annual return of 3.1%. while charles invests his inheritance in a cd paying 5.8% annual. how much more that mark does charles have after 1 year

Solution: Mark's initial amount

Mark invest's his inheritance amount in savings account with an annual interest of 3.1%. Therefore, the Mark's interest amount after 1 year is:

Therefore, total amount Mark will have after 1 year =$30930

Now Charles also has $30000 from his inheritance.

Charles invests his inheritance in a CD paying 5.8% annual.

Therefore, interest amount for Charles after 1 year is:

Therefore, total amount Charles will have after 1 year =$31740

Therefore, Charles will have $31740 - $30930 = $810 more than Mark

13

step-by-step explanation:

divide the cost of the total of sodas you bought by the cost of one soda, for example:

$24.57 divided by $1.89 is 13 which means you bought 13 sodas