Mathematics, 01.06.2021 20:00 eliezer25

You want to take your sweetheart for an around-the-world trip that will cost a lot of money. You want to find a bank that will give you the best deal for your saving of $42,000. Bank of Scooby gives 7.00% interest compounds quarterly while Bank of Shaggy gives 6.98% compounded continuously. If you have 4 years to save up without touching the money, which bank gives you a better deal for your saving? Show all calculations.

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You want to take your sweetheart for an around-the-world trip that will cost a lot of money. You wan...