Mathematics, 31.12.2020 07:00 jadeb124
Arielle has recently inherited $5500, which she wants to deposit into a CD account. She has determined that her two best bets are an account that compounds semi-annually at an annual rate of 3.3% (Account 1) and an account that compounds monthly at an annual rate of 4.9% (Account 2). Step 2 of 2 : How much would Arielle's balance be from Account 2 over 1.7 years? Round to two decimal places.
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Arielle has recently inherited $5500, which she wants to deposit into a CD account. She has determin...
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