Mathematics
Mathematics, 19.06.2021 01:00, genyjoannerubiera

You want to deposit $1000 in a savings account for 3 years. One bank adds a $100 bonus to your principal and offers a 2% simple annual
interest rate. Another bank does not add a bonus, but offers 6% simple
interest per year. Which bank should you choose? Explain.

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Answers: 3

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You want to deposit $1000 in a savings account for 3 years. One bank adds a $100 bonus to your prin...

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