Darian has $6000 to invest to save for college. He has two choices laid out in the table below. Will compound interest or simple
interest make Darian more money, when time and interest rate are taken into consideration?
A)Compound Interest
B)The choices will give you the same outcome.
C)There is not enough information to make a decision.
D)Simple Interest
A)Compound Interest
B)The choices will give you the same outcome.
C)There is not enough information to make a decision.
D)Simple Interest
1 answer:
You might be interested in
Answer:
1864 R 2
Step-by-step explanation:
