Mathematics, 06.02.2021 03:50 gtrsoccer
Riley wants to buy a car and has a choice between two different banks. One bank is offering a simple interest rate of 4.5% and the other bank is offering a rate of 4 5% compounded annually. Which is the better deal? a simple interest rate of 4.5% compounded anually. which is the better deal?
A. a simple interest rate of 4.5%
B. a compound interest rate of 4.5%
Answers: 1
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Riley wants to buy a car and has a choice between two different banks. One bank is offering a simple...
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