Computers and Technology, 10.02.2021 14:00, nextgen32

You have $2,400 and you decide to put the money in a saving account. bank one is offering 3% interest rate compound monthly. bank two is offering 2.5% interest rate compound countiously. which bank should you choose if you decide to keep the money in the bank for 8 years?hint 1A =p(1

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You have $2,400 and you decide to put the money in a saving account. bank one is offering 3% interes...