Mathematics, 15.04.2021 19:00 gabe2075

Gail has $5,500 that she wants to put in a new savings account. She is considering two banks that are very similar. One difference she notices are the interest rates: Neighborhood Bank - 1.2% interest, compounded annually Beautiful Day Bank - 1.2% interest, compounded daily Based on interest, which bank would you suggest Gail pick if she plans to have her money in the account for 15 years?

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Gail has $5,500 that she wants to put in a new savings account. She is considering two banks that ar...

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