Mathematics, 15.04.2020 17:24 davidchafin59245

Amanda has $6000 to invest. She has a choice of 6% p. a. compound interest, payable half-yearly or 7% p. a. simple interest. Which should she choose if she plans to invest the money for
a.)5 years
b.) 7 years?

Answers: 3

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Amanda has $6000 to invest. She has a choice of 6% p. a. compound interest, payable half-yearly or 7% p. a. simple interest. Which should she choose if she plans to invest the money for a.)5 years b.) 7 years?

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Another question on Mathematics

Amanda has $6000 to invest. She has a choice of 6% p. a. compound interest, payable half-yearly or 7% p. a. simple interest. Which should she choose if she plans to invest the money for
a.)5 years
b.) 7 years?