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Mathematics, 25.03.2020 06:01 jdvazquez18p7a7vs

Preston received a paycheck for $900.00 and he wants to invest it in a savings account. A savings account at bank A earns 4% interest compounded monthly and a savings account at bank B earns 5% simple interest. If Preston plans to deposit the $900.00 and leave it in the account for 3 years, at which bank would he earn more interest?

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Preston received a paycheck for $900.00 and he wants to invest it in a savings account. A savings ac...
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