9. samuel wants to deposit $4,000 and keep that money in the bank without
deposits or withdraw...
Mathematics, 22.10.2019 02:30 cheetah810
9. samuel wants to deposit $4,000 and keep that money in the bank without
deposits or withdrawals for 3 years. he compares two different options.
option i will pay 1.8% interest, compounded quarterly. option 2 will pay
1.5% interest, compounded continuously.
how much interest does option 1 pay?
how much interest does option 2 pay?
Answers: 2
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