Business, 03.02.2021 22:10 liljobe8973
Bill is choosing between two different savings accounts. One has simple interest and the other has compound interest. If Bill is planning on saving money for a long period of time and he wants the most return on his savings he should choose the account with A simple interest because it is easier to calculate. B simple interest because that account will pay interest on the total amount in the account at all times. compound interest because it will pay an increasing amount of interest based on the amount of the original deposit. D compound interest because it will pay interest on the original deposit plus interest earned over time.
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