Paul invests $4,000 in an account earning 9% interest compounded annually. Mike invests $4,500 in an account earning 6% interest compounded annually. Who will have more money in their account after 2 years? How much more?
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Paul invests $4,000 in an account earning 9% interest compounded annually. Mike invests $4,500 in an account earning 6% interest compounded ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Paul invests $4,000 in an account earning 9% interest compounded annually. Mike invests $4,500 in an account earning 6% interest compounded annually. Who will have more money in their account after 2 years? How much more?