ieatboyss ieatboyss

12-02-2021
Mathematics

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investment A save £160 per month for 2 years. 2.5% interest is added to the total amount saved. Investment B invest £3800. Compound interest is added at 3% each year

investment A save 160 per month for 2 years 25 interest is added to the total amount saved Investment B invest 3800 Compound interest is added at 3 each year class=

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madethisfortwitch1 madethisfortwitch1

12-02-2021

Answer:

95.42

Step-by-step explanation:

Investment A:

160*24*1.025=3936

Investment B:

3800(1+.03)^2=4031.42

4031.42-3936= 95.42

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