Lily and Greyson are making decisions about their bank accounts. Lily wants to deposit $425 as a principle amount, with an interest of 6% compounded quarterly. Greyson
wants to deposit $425 as the principle amount with an interest of 8% compounded
monthly. Explain which method results in more money after 2 years. Show all work.

answer: 19 is   2

step-by-step explanation: i just looked at your answer and wrote it down

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the 8 in 8,420 is in the thousands place so it's value is 8 thousand.

the 8 in 6,870 is in the hundreds place so it's value is 8 hundred.

divide 8000 by 800 to find the answer:

8000 / 800 = 10

the 8 in 8,420 is 10 times greater than the 8 in 6,870