At the age of 18, Albert inherits $100,000 from his grandfather. One bank offers to invest this money at 10% for 5 years. A seco
nd bank offers a rate of 8% for 7 years. Which investment will yield the most money?
1 answer:
The second bank that offers 8% for 7 years will yield the most money.
Bank 1: 100,000 x 10% x 5 = 50,000
Bank 2: 100,000 x 8% x 7 = 56,000
You might be interested in
2.800 would be your answer i believe
All you have to do is tell what u see about the three triangles and say what the same and different about them.
Distance/Speed = Time
Distance=1,071 Speed=63 Time=x
1,071/63 = x
17 = x
Answer: Calculation of the dividends:- Year 1 = 2 * (1.04) = $ 2.08 Year 2 = 2.08 * (1.05) = $ 2.184 Year 3 = $ 2.184 * (1.06) = $ 2.31504 Year 4 = $ 2.31
No, that would not be a square pyramid. A square pyramid has a square base.