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24 August, 19:52

As a wedding gift, Jonathan and Claire received $10,000 cash from Claires's

grandparents. The couple is trying to decide where to invest the money. Account

A offers 2.3% interest compounded semi-annually. Account B offers 4.2%

interest compounded annually. Which is the better deal? Explain.

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Answers (1)
  1. 24 August, 20:54
    0
    Answer is A because it has a lower interest
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