Mathematics, 06.03.2020 11:10 mucciak2854
Rita wants to invest $45,580. Texas Investments will offer a simple interest rate of 4% per year while Eagle Bank will offer a compound interest rate of 3% per year. If she wants to invest her money for two years, which bank should she choose? Please use mathematical reasoning to defend your response.
Answers: 2
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Rita wants to invest $45,580. Texas Investments will offer a simple interest rate of 4% per year whi...
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