Mathematics, 28.08.2019 19:30 yolandacoles3066
Sam invests $9,400 in a fund yielding 5.2% simple interest annually. at the same time, pat shops around for a better interest rate and invests $9,400 in a fund yielding 6.0% simple interest annually. after seven years, how much more interest has pat’s fund earned than sam’s fund?
a.
$817.80
b.
$3,948.00
c.
$652.40
d.
$526.40
Answers: 2
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Sam invests $9,400 in a fund yielding 5.2% simple interest annually. at the same time, pat shops aro...
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