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Mathematics, 02.01.2021 03:30 Isaiahtate053
Mrs. Wilson receive his back pay from a wir abroad and wanted to quit as an OFW. He received $150,000,00. He plans to invest it for 5 years. An ABC Bank offers him 2% simple interest rate per year while the UNION Bank offers him 2% compounded annually.
make an illustration of simple and compound interest.
If you were Mrs. Wilson which offer will you choose and why?
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Mrs. Wilson receive his back pay from a wir abroad and wanted to quit as an OFW. He received $150,00...
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