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8. Mario invests $4000 in bonds paying 111% interest and $5000 in bank accounts paying 9.1% interest. Which investment yields more interest in one year? How much more?

8. Mario invests $4000 in bonds paying 111% interest and $5000 in bank accounts paying 9.1% interest. Which investment yields more interest in one year? How much more?
asked 209k views
20 votes
8. Mario invests $4000 in bonds paying 111% interest and $5000 in bank accounts paying 9.1% interest. Which investment yields more interest in one

year? How much more?

asked
User Stanga
by
7.5k points

1 Answer

6 votes

Answer:

4000$

Explanation:

Because 111% of 4000 is {4440}, and 9.1% of 5000 is 445.

answered
User Cesia
by
8.3k points
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