Blanche has recently inherited $8000 which she wants to deposit into a savings account. she has determined that her two best bets are an account that compounds annually at an annual rate of 5.1% and an account that compounds quarterly at an annual rate of 3.1%. which account would pay blanche more interest?

The first account will give more interest after one year.

Step-by-step explanation:

Blanche has to invest $8000 in a saving account.

(i) One account gives a 5.1% annual interest compounded annually.

So, after one year she will get an interest of dollars

(ii) In another account gives 3.1% annual interest compounded quarterly.

So, the quarterly interest is %.

Hence, after one year she will get an interest of dollars (Approximate)

Therefore, the first account will give more interest after one year.

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step-by-step explanation:

step-by-step explanation:

hans did not square the 40-unit side; he merely multiplied it by 2.   incorrect.