Mathematics, 05.05.2020 02:57 nisslove
Kelsey has $5000 to invest and she is trying to decide between two banks. The second national bank is paying 3.5% interest compounded continuously. The third national bank is paying 3.8% interest compounded monthly. Find the amounts possible after 7 years at each bank. Which bank should Kelsey choose and why?
Answers: 1
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Kelsey has $5000 to invest and she is trying to decide between two banks. The second national bank i...
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