Mathematics, 30.07.2021 02:10 andrew8228

Tyra has recently inherited $5300, which she wants to deposit into an IRA account. She has determined that her two best bets are an account that compounds quarterly at an annual rate of 4.7% (Account 1) and an account that compounds daily at an annual rate of 4.8% (Account 2). Required:
How much would Tyra's balance be from Account 2 over 5.8 years?

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Tyra has recently inherited $5300, which she wants to deposit into an IRA account. She has determine...

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