Business
Business, 12.03.2021 15:10, joejoefofana

First City Bank pays 4.6 percent simple interest on its savings account balances, whereas Second City Bank pays 6.3 percent interest compounded annually. If you made a $493 deposit in each bank, how much more would the Second City Bank account be worth than the First City Bank account at the end of 3 years

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First City Bank pays 4.6 percent simple interest on its savings account balances, whereas Second Cit...

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