Carlos is looking at different savings account options to save for college.
First Bank offers 1...
Mathematics, 06.04.2020 18:54 acamjackie25561
Carlos is looking at different savings account options to save for college.
First Bank offers 1% interest compounded annually. Community Bank offers
2% simple interest. If Carlos is depositing $1,000 into the account for four
years with no additional withdrawals or deposits, which bank is the better
choice?
Answers: 2
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