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14 April, 12:57

You can choose to deposit an inheritance from your grandmother of

$11,500 in either of two banks for 5 years. Bank A pays 4.95%

compounded continuously or Bank B pays 5% compounded quarterly.

Which pays the most? Show how much more

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Answers (1)
  1. 14 April, 15:45
    0
    bank A pays the most interest
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