Mathematics, 23.01.2021 03:20 tornadobrooks11
Gail has $5,500 that she wants to put in a new savings account. She is
considering two banks that are very similar. One difference she notices
are the interest rates:
• Neighborhood Bank - 0.65% interest, compounded weekly
Beautiful Day Bank - 0.65% interest, compounded daily
.
Based on interest, which bank would you suggest Gail pick if she plans to
have her money in the account for 15 years?
Answers: 2
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Gail has $5,500 that she wants to put in a new savings account. She is
considering two banks that a...
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