Mathematics, 05.12.2020 01:00 Jasten

Noah goes to the bank to deposit $5,000 in a savings account. The teller offers Justin a choice. He can either put his money in a checking account which compounds 5% annually or he can get an account which compounds his interest by 0.5% monthly. How much will he have in both accounts after 1 year, 3 years, and 10 years? Which option should Justin Pick? can someone please help? :(

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Noah goes to the bank to deposit $5,000 in a savings account. The teller offers Justin a choice. He...

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