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Bank A pays 4.79% compounded
Bank A pays 4.79% compounded monthly, while Bank B pays 4.8% compounded quarterly.
Which bank pays more?
2 answers
asked by
Devin
527 views
First bank pays 7 percent simple interest on its investment accounts. If second bank pays interest on its accounts compounded
4 answers
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Sabitri
1,806 views
Bank A pays 5% simple interest on its deposit account, whereas Bank B pays interest on its deposit account compounded monthly.
Fo
1 answer
asked by
financial
475 views
First Simple Bank pays 6 percent simple interest on its investment accounts. First Complex Bank pays interest on its accounts
1 answer
asked by
Alec
9,259 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
A person invests 8000 dollars in a bank. The bank pays 6.25% interest compounded daily. To the nearest tenth of a year, how long
1 answer
asked by
Bib
57 views
A person invests 8000 dollars in a bank. The bank pays 6.5% interest compounded quarterly. To the nearest tenth of a year, how
2 answers
asked by
Daniela
2,218 views
A bank pays out a loan of $8000.00 to a small business at 7.25% per annum, compounded annually. After a 7-year term, how much
1 answer
55 views
Minta deposits 1000 euros in a bank account the bank pays a nominal annual intrest rate of 5% compounded quartterly find the
1 answer
asked by
Roygbiv
1,114 views
Answer don't show steps A person invests 8000 dollars in a bank. The bank pays 6.5% interest compounded quarterly. To the
1 answer
asked by
Daniela
456 views