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Mathematics, 29.01.2020 21:51 cschellfamily

Giving brainliest answer if give a detailed answer thnx so much! tyler has $1000 that he wants to put in a savings account. he wants to save the money for 6 years. after 6 years he plans to take the money out and spend it on college. he looks at two different banks, and they offer him different interest options.

bank a offers tyler 4% simple interest. how much would tyler’s investment be worth after 6 years in this account? show your calculations below.

bank b offers tyler 3% interest compounded annually. how much would tyler’s investment be worth after 6 years in this account? show your calculations below.

in which bank should tyler place the $1000 he is saving for college?

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