Question1: Albert invested $12,000 into two accounts. One pay 8 percent interest & one pay 6 percent interest. The total return was $880, how much was in each account?
Question2: How much money will there be in an account at the end of eight (8) years, if $20,000 is deposited at 5 percent compounded continuously?
Question3: How much money will there be in an account at the end of eight (8) years, if $20,000 is deposited at 6 percent compounded monthly?