Mathematics, 13.05.2021 17:10 lilybrok04
Chris is going to deposit $500 dollars into a bank for 12 years. United Bank offers 4.0% simple interest
and Safe Bank offers 3.6% compound interest. (The formulas are in #1)
a. Write the formula and state how much money Chris would have after the 12th year in
United Bank?
b. Write the formula and state how much money Chris would have after the 12th year in
Safe Bank?
Answers: 1
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Chris is going to deposit $500 dollars into a bank for 12 years. United Bank offers 4.0% simple inte...
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