Mathematics, 21.01.2021 04:00 kendrabrown41
A teenager saved small dollar amount throughout the
school year and now has $712.00. They can choose
from two bank offers. The first is 5.3% compounded
daily for six years. The second is compounded monthly
for 5 years at 6%. Which account will yield the most
money? What is the dollar amount difference between
the accounts at the end of their terms?
Answers: 2
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A teenager saved small dollar amount throughout the
school year and now has $712.00. They can choos...
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