Mathematics, 08.02.2021 09:00 szambrana
Kyle has $1500 to invest in a saving's account for 5 years. He has 3 options:
Bank A - Provides simple interest at 2%
Bank B - Provides compound interest at 2% compounded annually
Bank c - Provides compound interest at 2% compounded daily
Which bank should he choose? Explain your reasoning
Answers: 1
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Kyle has $1500 to invest in a saving's account for 5 years. He has 3 options:
Bank A - Provides sim...
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