Mathematics, 22.02.2021 04:00 buky0910p6db44

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 - 1.2% interest, compounded annually
Beautiful Day Bank - 1.2% 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

Gail has $5,500 that she wants to put in a new savings account. She is

considering two banks that

Answers: 2

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