Mathematics, 01.04.2021 05:50 emmmmmily997
Mark is trying to decide whether to invest his money in MathBuild stocks,
or in HomeworkTime accounts.
MathBuild stocks will pay compound interest monthly at a rate of 0.5%.
HomeworkTime accounts will pay simple interest yearly at a rate of 6%.
Mark decides that he will invest $2000 for 2 years. Which is the better
investment for him and how much more money will he earn if he chooses
the right one?
Answers: 1
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Mark is trying to decide whether to invest his money in MathBuild stocks,
or in HomeworkTime accoun...
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