Mathematics: Maria invests her $150 for 2 years at 4% per year compound interest. A) Calculate the exact amount Maria has at the end of 2 years. Maria continues to invest her money at 4% per year compound interest. After 20 years she has $328.67. i) Calculate exactly how much more this is than $150 invested for 20 years at simple interest. (ii) Calculate $328.67 as a percentage of $150.

Maria invests her $150 for 2 years at 4% per

darius12318

16.03.2022

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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autumnstalvey67

13.02.2020

Yes

Step-by-step explanation:

The sum of 2 sides must be greater than the 3rd side

3 + 5 > 4

5 + 4 > 3

4 + 3 > 5

I hope this helps :))

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