Kevin will have 8000(1.03) and Charles will have 8000(1.05).
You can do the relevant arithmetic.
Makayla H.
asked • 09/07/21How much more money than kevin does charles have after 1 year
Two brothers, Kevin and Charles, each Inherit $8000. Kevin invests his inheritance in a savings account with an annual return 3% , while Charles invests his Inheritance in a CD paying 5% annually. How much more money than Kevin does Charles have after 1 year?
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