Mathematics, 25.03.2021 06:40 devenybates
Amal has $6000 saved and decides to put in a savings account. The Bank offers her two different
Account choices:
Account A: Annual interest rate of 4% compounded monthly (12 times per year)
Account B: Annual interest of 4.2% compounded quarterly (4 times per year)
Which account should Amal choose if she plans to keep the money in the account for three
years? For full credit, show your work including the formulas used. Clearly state which Account
you recommend and why based on results of your calculations.
Answers: 3
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Sarah took the advertising department from her company on a round trip to meet with a potential client. including sarah a total of 11 people took the trip. she was able to purchase coach tickets for $280 and first class tickets for $1280. she used her total budget for airfare for the trip, which was $6080. how many first class tickets did she buy? how many coach tickets did she buy?
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Amal has $6000 saved and decides to put in a savings account. The Bank offers her two different
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