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Business, 30.12.2019 15:31 mihirkantighosh

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you're really good at investing and you have $1,500 in your investment
account
you make 8.5% interest a year on your investment account!
for a year you owe $1,600 on a credit card.
you pay 19% interest a year on this credit card debt.
- how much money are you making on your investment in a year?
- how much money are you paying in interest in a year on your card.
- what’s your total gain/loss that year? (entre a negative value for a loss)

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Answers: 3

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