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Mathematics, 15.11.2019 18:31 aquinomoises518

Javier wasn't a to transfer 1000 from his interest credit car account for the period of 12 months and needs to choose between two offers. bank a is offering 8% interest rate compounded monthly with a 2% initial transfer fee. bank b is offering a 6% interest rate compounded monthly with a 6% in its fee in being added to the principal. which bank provided javier with a better offer and how much money will he save by choosing it over the other offer?

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