You have some money to invest in one of two accounts. The first account pays
5% simple interest, and the second pays 4% compound interest. How would
you decide which account to use? Discuss your answer.

Question

06-07-2021
Mathematics

Answered

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You have some money to invest in one of two accounts. The first account pays
5% simple interest, and the second pays 4% compound interest. How would
you decide which account to use? Discuss your answer.

Sagot :

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