Mathematics, 28.01.2020 07:31 helpmepeeeeease
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emilio wants to invest $15,820 that he just received as a prize from a contest he entered. he researches certificates of deposit (cds) at two different banks. the details for his two best options are in the table below. both cds earn compound interest, which you worked on in exponential growth & decay. when interest is compounded, it is added to the account’s principal to become part of the money that earns interest.
1. determine which investment will earn emilio more interest.
first bank or bank west
2. how much more interest will he earn with that investment?
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emilio wants to invest $15,820 that he just received as...
emilio wants to invest $15,820 that he just received as...
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