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Mathematics, 13.02.2021 20:20 lolyan555
Bank A is lending money at 6.4% interest compounded annually. The rate at Bank B is 6.3% compounded monthly, and the rate at Bank C is 6.35% compounded daily. Determine the amount of interest you would earn at each bank if you invest $1500 for 12 months. Which bank will you pay the least amount?
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Bank A is lending money at 6.4% interest compounded annually. The rate at Bank B is 6.3% compounded...
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