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Vladimir [108]
3 years ago
14

If you invested $500 at 5% simple interest for 2 years, how much interest do you earn? Show work and answer in complete sentence

s to earn full credit.
If you invest $500 at 3% compounded monthly for 2 years, how much interest you do earn? Show work and answer in complete sentences to earn full credit.



Which would you rather do?
Mathematics
1 answer:
-Dominant- [34]3 years ago
4 0

Answer:

i would rather do 3% compounded interest

Step-by-step explanation:

Because it is monthly and i think the other one is yearly

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