IDNLearn.com: Your one-stop destination for reliable answers to diverse questions. Ask your questions and receive accurate, in-depth answers from our knowledgeable community members.

jane deposited $22000 at the bank that pays 10% interest. bill deposited $16000 at a bank that pays 16% interest. who will receive more in a year,and by how much more

Sagot :

So Bill will receive more Extra yield for Bill=2560-2200=360 Answer=$ 360.00