Mathematics, 23.03.2020 23:11 ava5015
Carlos is looking at different savings account options to save for college. First Bank offers 1% interest COMPOUNDED annually. Community Bank offers 2% SIMPLE INTEREST. If Carlos is depositing $1,000 into the account for 4 years with no additional withdrawals or deposits, which bank is the better choice?
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Carlos is looking at different savings account options to save for college. First Bank offers 1% int...
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