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Mathematics, 22.10.2019 02:30 cheetah810

9. samuel wants to deposit $4,000 and keep that money in the bank without
deposits or withdrawals for 3 years. he compares two different options.
option i will pay 1.8% interest, compounded quarterly. option 2 will pay
1.5% interest, compounded continuously.

how much interest does option 1 pay?

how much interest does option 2 pay?

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Answers: 2

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9. samuel wants to deposit $4,000 and keep that money in the bank without
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