A) Rajvi invests $5,700 in an account that pays 5.75% simple interest. How much money...
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A) Rajvi invests $5,700 in an account that pays 5.75% simple interest. How much money will she have at the end of ten years. Show calculations in detail (5 marks) B) Rajvi then goes on to invests $4,300 in an account that pays 6.55% simple interest. How much more could she have earned over a nine-year period if the interest had compounded annually? Show calculations in detail (5 marks)
A) Rajvi invests $5,700 in an account that pays 5.75% simple interest. How much money will she have at the end of ten years. Show calculations in detail (5 marks)
B) Rajvi then goes on to invests $4,300 in an account that pays 6.55% simple interest. How much more could she have earned over a nine-year period if the interest had compounded annually? Show calculations in detail (5 marks)
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