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Business, 05.02.2021 23:00 princessroseee769

Jing, a recent engineering graduate, never took engineering economics. When she graduated, she was hired by a prominent engineering firm. The earnings Problems 157 from this job allowed her to deposit $1000 each quarter into a savings account. There were two banks that offered savings accounts in her town (a small town!). The first bank was offering 4.5% interest compounded continuously. The second bank offered 4.6% compounded monthly. Jing decided to deposit in the first bank because it offered continuous compounding. Did she make the right decision

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