here are the options

BANK BANK BALIK BANK Bank #1 offers a 5.5% interest to all its depositors, and it has annual compounding. Bank #2 offers a 5.5% simple interest. Conceptual questions: . If you deposit your money for a number of years, which of these two banks would you choose? Your answer: [Select] Now, why is that? Your answer: [Select] Now, let's calculate! Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, $10,000.23. . So, if you deposit $7,500 today, and leave it in the account for 25 years, how much will you have at the end of 25 years in Bank #1? Your answer: Select ] If, instead, you choose Bank #2, how much will you have in 25 years? Your answer: [Select) . If you deposit your money for a number of years, which of these two banks would you choose? Your answer [Select ] It doesn't matter Now, why is that? Your answer: [Sele Bank #1 Bank #2 Now, let's calculate! Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, $10,000.23. So, if you deposit $7,500 today, and leave it in the account for 25 years, how much will you have at the end of 25 years in Bank #1? Your answer: [Select] If, instead, you choose Bank #2, how much will you have in 25 years? Your answer: [Select] Now, why is that? Your answer (Select) You would earn the same amount of interest over the years You would earn a lower amount of interest over the years You would earn a higher amount of interest over the years Now, let's calculate! Increase decir 2 to 6 or higher. Only round your f So, if you deposit $7,500 today, and leave it in the account for 25 years, how much will you have at the end of 25 years in Bank #1? Your answer [ Select] $9,214.42 If, instead, you choose Bank #2, how much will you $17,591.16 [Select) $19,352.82 $24,787.05 $25,546.19 $28,600.44 If, instead, you choose Bank #2, how much will you have in 25 years? Your answer: [Select] $18,062.50 $17,812.50 $16,750.00 $16,012.50 $15,437.50 $8,387.50 Next