SOLUTION: Which will earn more interest, $120 at 4% for 2 years or $120 at 8% for 1 year? By how much do the earnings differ? Write your answer as 4% or 8% comma $difference

Question 608565: Which will earn more interest, $120 at 4% for 2 years or $120 at 8% for 1 year? By how much do the earnings differ?
Write your answer as 4% or 8% comma $difference
Found 2 solutions by stanbon, solver91311:
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Simple or copound interest?

Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!

4%, 0.19

John

My calculator said it, I believe it, that settles it

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