Avery wants to buy a car and has a choice between two different banks. One bank is offering a simple interest rate of 3.2% and the other bank is offering a rate of 3% compounded annually. If Avery decides to deposit $7000 for five years, which bank would be the better deal?

Select all the correct locations on the table. consider the following expression. 76.493 select "equivalent" or "not equivalent" to indicate whether the expression above is equivalent or not equivalent to the values or expressions in the last column equivalent not equivalent 343 equivalent not equivalent 49 78.498 78.498 75.493 equivalent not equivalent 75.7 equivalent not equivalent