Mathematics, 20.02.2021 04:20 janeou17xn
A family has a newborn baby and decides to invest $300 into an account that will earn interest. They plan to give her the full amount of money in the account on her 18th birthday. They have two choices: Option 1: An account that grows by 12% each year Option 2: An account that grows by $30 each year. Which option will result in a better 18th birthday gift? Justify your choice and explain your reasoning.​
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A family has a newborn baby and decides to invest $300 into an account that will earn interest. They...
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