Mathematics, 22.01.2021 18:10 dajahp
Mario needs to open a savings account and wants to find the bank that will
earn him the most interest. Frost Bank is offering 5% compound interest
each, Compass Bank is offering 5% simple interest each If Mario deposits
$100, find the amount of interest he will earn at each bank after 5 years.
Use the compound interest formula to find the interest Mario
will earn at Frost Bank.
A= P(1 + r)
Answers: 3
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Mario needs to open a savings account and wants to find the bank that will
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