Business, 20.10.2021 16:20, miklff

Suppose Emma had deposited another $500 into a savings account at a second bank at the same time. The second bank also pays a nominal (or stated) interest rate of 9% but with quarterly compounding. Keeping everything else constant, how much money will Emma have in her account at this bank in 11 years

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Suppose Emma had deposited another $500 into a savings account at a second bank at the same time. Th...