granta1
granta1
25.11.2021 • 
Mathematics

An investor puts $1500 into a savings account paying 8% compound interest per annum. He also puts $6000 into a savings bond paying 10% simple interest.
Calculate:
(a) the amount in the savings account after 3 years,

(b) the interest paid by the savings bond after 3 years.

Solved
Show answers

Ask an AI advisor a question