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A bank account pays interest
Bank A pays 5% simple interest on its deposit account, whereas Bank B pays interest on its deposit account compounded monthly.
Fo
1 answer
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financial
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Suppose $6,500 is divided into two bank accounts. One account pays 10% simple interest per year and the other pays 4.6%. After
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asked by
Rage
955 views
Suppose $500 is divided into two bank accounts. One account pays 15% simple interest per year and the other pays 10%. After
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Anonymous
1,861 views
Raffles Bank pays 4% simple interest on its deposit account, whereas Bugis Bank pays interest on its deposit account compounded
0 answers
asked by
olivia
385 views
Jon invested a total of $40,000 in 3 different bank accounts. One pays an annual interest rate of 3%, the second account pays 5%
1 answer
asked by
nimsaj
822 views
Jan wants to save a $2000 gift from her grandparents, and add $50 per month as emergency funds. She has narrowed her search for
1 answer
asked by
Ace
21 views
Harvey deposited $6,020 new account at his bank the bank pays 4.5% interest compounded annually on this account Harvey makes no
1 answer
54 views
Harvey deposited 6,000 into a new account at his bank the bank pays 4.5% interest compounded annually on this account Harvey
1 answer
64 views
Finn deposited $3,500 in a new account at his bank.
The bank pays 5.5% interest compounded annually on this account. Finn makes
1 answer
asked by
pp
109 views
Send deposits $3,500 into a new account at his bank the bank pays at 5.5% interest compounded annually on this account then
1 answer
80 views