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anonymous

  • one year ago

MEDALS WILL BE GIVING OUT Sam invests $9,400 in a fund yielding 5.2% simple interest annually. At the same time, Pat shops around for a better interest rate and invests $9,400 in a fund yielding 6.0% simple interest annually. After seven years, how much more interest has Pat’s fund earned than Sam’s fund? a. $817.80 b. $3,948.00 c. $652.40 d. $526.40

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  1. anonymous
    • one year ago
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    @Algorithmic

  2. princeharryyy
    • one year ago
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    for sam total si = 7*9400*0.052 = $3421.6 for pat total si = 7*9400*0.06 = $3948 difference = $3948-$3421.6 = $526.4 answer

  3. princeharryyy
    • one year ago
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    @DiornJazz

  4. anonymous
    • one year ago
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    Thank you @princeharryyy

  5. princeharryyy
    • one year ago
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    u r welcome! but, I'm sorry I can't help you with more. I gotta go to sleep. It's 4:0 am. Bye. @DiornJazz

  6. anonymous
    • one year ago
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    Bye i wish u could help. Could you inbox me when u awake so i can get more help from u

  7. princeharryyy
    • one year ago
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    7 hrs later. Give ma a call @DiornJazz

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