Mathematics, 04.01.2021 19:20 alannadiaz1

An investment banker is responsible for investing a customer’s money into the greatest interest earning account. The banker has the following options for his customer’s investment: Account A: interest rate = 8% term of investment = 8 years interest compounded annually Account B: interest rate = 7% term of investment = 10 years interest compounding continuously Which account, A or B, will earn the customer the greatest amount of interest on his $50,000 investment? In your final answer, include all of your calculations.

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An investment banker is responsible for investing a customer’s money into the greatest interest earn...