Mathematics, 05.02.2021 19:30 kiera2599
A teenager saved small dollar amounts throughout the school year and now has $712. They can choose from two bank offers.
TD Bank offers a rate of 5.3% compounded continuously for five years. Wells Fargo offers a rate of 6.4% compounded quarterly.
What is the amount of each offer after 5 years?
Which bank would you go with and why?
Answers: 2
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A teenager saved small dollar amounts throughout the school year and now has $712. They can choose f...
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