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3 years ago

15

Coach Posey has $10,000 to invest. He can go to Bryant Bank that pays 5% simple interest or Hornets Bank that pays 4% interest c

ompounded monthly. If he plans on investing for 12 years, How much will he have if he uses Bryant Bank?

1 answer:

dimaraw [331]3 years ago

5 0

Coach posey will have 60,000 dollars at bryant bank, .5x12=6, 6x10000=60000

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