Question
Bob is considering moving his money to a different bank which offers a one year CD that pays an APR of 5.2%with monthly compounding. His
Bob is considering moving his money to a different bank which offers a one year CD that pays an APR of 5.2%with monthly compounding. His current bank manager offers to match the rate he has been offered. The account at his current bank would pay interest every six months. How much interest will he need to earn every six months to match the CD?
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Bitcoin Complete Guide To Bitcoin Understand Everything From Getting Started With Bitcoin Sending And Receiving Bitcoin To Mining Bitcoin
Authors: Mr Mark Gates
1st Edition
1974565491, 978-1974565498
