serenityburdett11199 serenityburdett11199

21-09-2021
Mathematics

contestada

Two brothers, Kevin and Charles, each inherit $7000. Kevin Invests his inheritance in a savings account with an annual return of 3.1 %, while Charles invests his
Inheritance in a CD paying 4.4 % annually. How much more money than Kevin does Charles have after 1 year?

Respuesta :

MRAashish MRAashish

21-09-2021

Answer:

AKevin = 9000(1 + 0.029)11

ACharles = 9000(1 + 0.055)11

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