Mathematics, 22.04.2021 21:50 AgentPangolin
You have $5,000 to invest in a savings account for 20 years and you have two
account options to choose from. You can invest in an account that offers 9% simple
interest or you can invest in an account that offers 7% interest compounded once a
year. Use multiple representations (table, graph and rule) to analyze each option.
Which one will you choose? Why?
Answers: 1
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You have $5,000 to invest in a savings account for 20 years and you have two
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