Bob and Sarah invest $7000 each
for 5 years.
Bob invests his money at
3.5% simple...
Mathematics, 05.05.2020 00:37 jadeaguayo28
Bob and Sarah invest $7000 each
for 5 years.
Bob invests his money at
3.5% simple interest and
Sarah invests her money at 3.5% interest
compounded annually.
How much more interest will Sarah have earned than
Bob at the end of the 5 years?
A) $1225.80 C) $7090.80
B) $1313.80 D) $88.80
Answers: 3
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