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Mathematics, 02.02.2021 08:20 pingkeara

PLEASE HELP! Sandy has $4,500 to invest. She can choose to put the money in Bank "A" that pays 5% interest per year compounded semi-annually (twice per year) or she can choose Bank "B" that pays 4.8% interest per year compounded continuously.

After ten years,

a) how much money would Sandy have if she puts all her money in Bank "A" ? Round down to the nearest 0.01 $

b) how much money would Sandy have if she puts all her money in Bank "B" ? Round down to the nearest 0.01 $ ?

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