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Mathematics, 24.03.2021 18:50 nathanscastr02

The Lyons family has $1,000 to invest and is considering two options: investing in government
bonds that offer 2% simple interest, OR minvesting in
a savings account at a bank, which charges a
$20.00 fee to open an account and pays 2%
compound interest. Both options pay interest
annually.

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Answers: 2

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