Mathematics, 18.03.2021 02:30, tanviknawale

PLEASE SOMEONE HELP I BEG You have $1000 to invest in 3 different banks. You invest 250$ in the first bank another 250$ in the second bank and 500$ in the third bank. You will show your profits at the end of the

first year

2nd year

5th year

Bank ONE The Bernard Savings and Loan

Simple interest 10% annually

Bank TWO 1st National Bank of Commerce

Compound interest 10% annually

Bank THREE The International Bank of Khalid and Cressey

Compound Interest 9% quarterly

Answers: 3

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PLEASE SOMEONE HELP I BEG You have $1000 to invest in 3 different banks. You invest 250$ in the fir...