Business, 12.01.2021 09:10 rebecca7415
Gail has $5,500 that she wants to put in a new savings account. She is considering two banks that are very similar. One difference she notices are the interest rates:
Neighborhood Bank - 0.65% interest, compounded weekly
Beautiful Day Bank - 0.65% interest, compounded daily
Based on interest, which bank would you suggest Gail pick if she plans to have her money in the account for 15 years?
Answers: 2
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Gail has $5,500 that she wants to put in a new savings account. She is considering two banks that ar...
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