3.Answer both A and B questions A.What are the differences between the simple interest and compound interest? (Elaborate, minimum of three sentences). B.An investor deposited OMR 9,000 into an...

3.Answer both A and B questions A.What are the differences between the simple interest and compound interest? (Elaborate, minimum of three sentences). B.An investor deposited OMR 9,000 into an account paying 8% annual interest compounded quarterly. (Use the compounded interest formula). Calculate the following. 1.How much money will be in the account after 5 years? 2.How much money will be in the account after 9 years? 3.How much money will be in the account after 3 years? Answer:

Jun 05, 2022
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