Mathematics, 21.01.2022 04:20, allytrujillo20oy0dib

Lily and Greyson are making decisions about their bank accounts. Lily wants to deposit $425 as a principle amount, with an interest of 6% compounded quarterly. Greyson
wants to deposit $425 as the principle amount with an interest of 8% compounded
monthly. Explain which method results in more money after 2 years. Show all work.

Answers: 3

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Lily and Greyson are making decisions about their bank accounts. Lily wants to deposit $425 as a p...