you invest $2,000 in a stock plan and another $2,000 in a savings account the stock plan decreases 7% the first year and gains 1

Question

3 years ago

12

you invest $2,000 in a stock plan and another $2,000 in a savings account the stock plan decreases 7% the first year and gains 1

0% the second-year the savings account earns 3.7 APR and compounds annually what's the difference in earnings between the stock and savings account in the end of the second year

Mathematics

2 answers:

Dahasolnce [82] · Answer 1 · 2022-06-02T17:21:21+03:00

Dahasolnce [82]3 years ago

8 0

After calculating the stock and savings account total I found out that the difference in earning between them is $104.738.

jeka94 · Answer 2 · 2022-06-02T19:41:11+03:00

jeka943 years ago

7 0

104.738 please. help me