taylor is a goalie instructor for hockey teams in kamloops. he invested $1800 to save for new equipment. he invested the money for 24 weeks in a GIC. The Interest rate is 1.75%?yr. what is the total amount he can spend on new equipment
taylor is a goalie instructor for hockey teams in kamloops. he invested $1800 to save for new equipment. he invested the money for 24 weeks in a GIC. The Interest rate is 1.75%?yr. what is the total amount he can spend on new equipment.
($1,800 X .0175)/52 X 24=$14.54 Interest Taylor earned for 24 weeks.
$1,800 + $14.54=$1,814.54 Total amount he can spend.
