Mathematics, 21.07.2019 09:00 Spiderblack212
An investment banker is responsible for investing a customer’s money into the greatest interest earning account. the banker has the following options for his customer’s investment: account a: interest rate = 4.8% term of investment = 10 years interest compounded monthly account b: interest rate = 4.9% term of investment = 10 years interest compounding continuously which account, a or b, will earn the customer the greatest amount of interest on his $150,000 investment? in your final answer, include all of your calculations.
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An investment banker is responsible for investing a customer’s money into the greatest interest earn...
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