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Mathematics, 28.12.2020 14:00 davestrider404

Ryan wants to invest in a bank account that will double his money in the smallest period of time. He has two options. Account A will compound his principal at 5% every
six months. Account B offers him a simple interest rive of 5% on his principal every
year.
Which account will double his principal first? Why?

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Answers: 2

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