Always be Investing

Albert and Samuel are given $10,000 each by their grandparents. Albert puts his money into the stock market immediately, earning 5% interest each year. Samuel holds onto his money for 2 years, before also investing in the stock market at the same interest rate as Albert. After 4 years, how much more money does Albert have?

Loading ... Loading ...

Subscribe below to receive the DAT Question of the Day delivered straight to your inbox every morning.

 



Tags:

No comments yet.

Leave a Reply

You must be logged in to post a comment.