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Piglets1228
Piglets1228
12.12.2020 • 
Mathematics

Alberto received an inheritance of $10,000 that he decided to put into a savings account and collect the interest. He has a choice of investing in one of two plans. The Gold savings account will allow him to invest his inheritance at 3% simple interest for 4 years. The Student savings account will allow him to invest his inheritance at 2.75% simple interest for 4 years. As part of a limited time promotion, the bank will give Alberto $1000 to be added to his principal if he opens a Student savings account. which plan will earn Alberto the most money after 4 years.

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