Mathematics
Mathematics, 08.02.2021 09:00, szambrana

Kyle has $1500 to invest in a saving's account for 5 years. He has 3 options: Bank A - Provides simple interest at 2%

Bank B - Provides compound interest at 2% compounded annually

Bank c - Provides compound interest at 2% compounded daily

Which bank should he choose? Explain your reasoning

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Answers: 1

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Kyle has $1500 to invest in a saving's account for 5 years. He has 3 options: Bank A - Provides sim...

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