Mathematics, 27.05.2021 04:20 Seaisnowblue
You invest $15,000 into an account for 18 years, there are no further deposits or withdrawals. the bank offers you three choices. which one do you choose? Show work to support your answer.
option A: APR of 6% compounded semi-annually
option B: APR of 6% compounded monthly
option C: EAR of 6%
PLS HELP: this is for a end of the year project for my bridges to college learning math class
Answers: 3
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You invest $15,000 into an account for 18 years, there are no further deposits or withdrawals. the b...
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