Mathematics, 27.04.2021 17:20 skmc1985
Linette invested $20,000 at Wells-Fargo Bank at an interest rate of 5% a year compounded semi-annually over 4 years. She then invested $20,000 at Chase Bank at an interest rate of 5% compounded continuously over 4 years. Which bank gave her the better return of her investment, and by about how much?
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Linette invested $20,000 at Wells-Fargo Bank at an interest rate of 5% a year compounded semi-annual...
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