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Sydney invests $70 every week into an account that pays 2.4% annual, compounded weekly. Benny invests $80 every month into an account that pays 2.2% annual interest rate, compounded monthly. Calculate the balance each person would have in their account after 10 years and 30 years.

Sagot :

madethisfortwitch1

Answer:

Sydney

10 years: 41,128.78

30 years: 159,820.62

Benny

10 years: 46,519.91

30 years: 176,709.67

Step-by-step explanation:

I'm assuming that there are 52 weeks in a year

if you have any questions I'll be happy to answer them

View image madethisfortwitch1
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