hhassan4275 hhassan4275

27-09-2022
Mathematics

Answered

Marcel invests $2500 for 3 years at a rate of 1.6% per you simple interesitze Jacques invests $2000 for 3 years at a rate of x% per year compound interest. At the end of the 3 years Marcel and Jacques receive the same amoting of interest. Calculate the value of x correct to 3 significant figures. solve it and you'll get the barinlliest explain how u got the answer please. some ppl said ita 1.96 but I dont understand how they got it explain carefully please.

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