Posted by **Lindsey** on Thursday, February 14, 2013 at 10:08pm.

Assume that you have $10,000 which you plan to invest for 3 years. How much more would you have if you invested the funds at 10% with annual compound interest versus 10% with simple interest? No funds will be paid until the end of the 3rd year.

## Answer This Question

## Related Questions

- Math - A bank offers two interest account plans. Plan A gives you 6% interest ...
- Math - A bank offers two interest account plans. Plan A gives you 6% interest ...
- Math Help Please! - A bank offers two interest account plans. Plan A gives you 6...
- Math Check - A bank offers two interest account plans. Plan A gives you 6% ...
- algebra - suppose you invest $15,000 in two funds paying 11 1/2% and 14% simple ...
- college algebra - suppose you invest $15,000 in two funds paying 11 1/2%and 14% ...
- math - how much money would have to be invested in an account at 3.98% annual ...
- College Algebra - You plan to invest $12,000 in two funds paying 41/2% and 5% ...
- algebra - A total of $12,000 is invested in two funds paying 9% and 11% simple ...
- Algebra - I invested $42,000 in three funds paying 5%, 7%, and 9% simple ...

More Related Questions