Mathematics, 12.06.2020 06:57, floydsidney1119

You are planning to invest $500 in a savings account and are deciding between two options. Account #1 earns 2.9% annual interest and is compounded continuously. Account #2 earns 3.1% annual interest and compounded monthly. Which savings account will yield the greater amount after 5 years?

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You are planning to invest $500 in a savings account and are deciding between two options. Account #...