Answer
He would lose 2000 dollars either way so it doesn't really matter.
Step-by-step explanation:
Answer:
Step-by-step explanation:he amount of simple interest earned on an investment can be determined ... For example, for an annual interest rate of 5% compounded monthly, ... Rank these rates from greatest to least return on an investment of $20000 for a term of 2 years. ... savings account and invested the entire amount in a 10 year GIC that earned ...
Bro the answer to that is 5
Answer:
48.6
Step-by-step explanation:
x is equal to 5 and y is equal to 29