You invest 2,000,00 in stock plan and another in a saving account the stock plan decreases by 7% the first year and gains 10% th

Question

3 years ago

9

You invest 2,000,00 in stock plan and another in a saving account the stock plan decreases by 7% the first year and gains 10% th

e second year the saving account earns a 3.7% APR and compounds annually what is the difference in earning between the stock and saving account at the end of the second year

Mathematics

1 answer:

sineoko [7] · Answer 1 · 2022-05-29T05:33:25+03:00

sineoko [7]3 years ago

3 0

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