Homework answers / question archive / Two brothers, Mark and Steven, each inherit $45000 $?45000

Two brothers, Mark and Steven, each inherit $45000 $?45000

Math

Share With

Two brothers, Mark and Steven, each inherit $45000

$?45000. Mark invests his inheritance in a savings account with an annual return of 3.2%

3.2%, while Steven invests his inheritance in a CD paying 4.5%

4.5% annually. How much more money than Mark does Steven have after 1

1 year?