investment A save £160 per month for 2 years. 2.5% interest is added to the total amount saved. Investment B invest £3800. Compound interest is added at 3% each year
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Answer:
95.42
Step-by-step explanation:
Investment A:
160*24*1.025=3936
Investment B:
3800(1+.03)^2=4031.42
4031.42-3936= 95.42