Riley wants to buy a car and has a choice between two different banks. One bank is offering a simple interest rate of 4,5% and the other bank is offering a rate of 4.5% compounded annually. Which is the better deal?

Compound

Step-by-step explanation:

Compound interest refers to addition of interest on the initial principal of a loan or deposit in which all the accumulated interest of previous periods of a loan or deposit is also inclusive.

question:

could we have options?

answer: evaluate the objective function at each vertex to determine which - and -values, if any, maximize or minimize the function. example: find the minimum value and maximum value of the objective function f ( x , y ) = 4 x + 5 y , subject to the following constraints