3 years ago

Maria invests her $150 for 2 years at 4% per year compound interest.

Mathematics

1 answer:

expeople1 [14]3 years ago

8 0

Step-by-step explanation:

A)At the end of 2years compound interest=$150(1+4/100)²=$162.24

i) Amount difference=$328.67-{($150×4×20/100)+$150}

=$328.67-$270=$58.67

ii)328.67/150×100%=121.73%

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