SAT, 05.03.2021 06:10, tyryceschnitker

Joseph is a friend of yours. he has plenty of money but little financial sense. he received a gift of $12,000 for his recent graduation and is looking for a bank in which to develop the funds. partner savings Bank offers an account with an annual interest rates of 3% compound semiannually , while Selwyn offers an account with a 2.75% annual interest rates compounded continuously. calculate the value of the two accounts at the end of one year, and recommend to Joseph which account he should choose

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Joseph is a friend of yours. he has plenty of money but little financial sense. he received a gift o...