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suppose you are given $800 to invest. in one sentence, state which type of interest-10% simple interest or 9.5% interest compounded monthly- offers the best
suppose you are given $800 to invest. in one sentence, state which type of interest-10% simple interest or 9.5% interest compounded monthly- offers the best investment for a 5 year term. give a reason for your answer and provide accurate calculations to support your reasoning. p.s. this is grade 11 math not accounting, but that's the subject that's most suited, so can you please not use log or pi in your answer! Thank youuu
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