Use the evidence compiled by investigators to determine how much money a suspect deposited in the Cayman Islands.
*On 6/1/03, the suspect electronically transfered $300,000 to a Swiss bank account paying an 8% yield annually
*That same day, the suspect oopened another account in a Cayman Islands bank account that offered a 5% annual yield.
*A document dated 6/4/04 was siezed in a raid in the suspects home. It stated "The total interest earned in one year from the overseas accounts was 7.25% of the total amount deposited.
How do I go about setting this problem up?
Thanks in advance!
*On 6/1/03, the suspect electronically transfered $300,000 to a Swiss bank account paying an 8% yield annually
*That same day, the suspect oopened another account in a Cayman Islands bank account that offered a 5% annual yield.
*A document dated 6/4/04 was siezed in a raid in the suspects home. It stated "The total interest earned in one year from the overseas accounts was 7.25% of the total amount deposited.
How do I go about setting this problem up?
Thanks in advance!