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Person A deposits $2650 in an account that pays 4% interest compounded once a year. Person be deposits $2250 in an account that oays 5%
Person A deposits $2650 in an account that pays 4% interest compounded once a year. Person be deposits $2250 in an account that oays 5% interest compounded monthly. who will have more money in their account after five years? 8.4.39 Person Adeposits $2650 in an account that pays 45 interest compounded once a year. Person B deposits $2250 in an account that pays 5% interest compounded monthly Complete parts (a) through (c) below. a. Who will have more money in their account after one year? How much more? Select the correct choice below and fill in the answer box within your choice (Round to the nearest dolar as needed) O A Person will have more than Person A 3. Person A will have $ 391 more than Parson B. b. Who will have more money in their account after five yours? How much more? Select the correct chorion below and the answer box within your choice (Round to the nearest dollar as needed.) O A Person B will have more than Person B. Person A will have more than Person
Person A deposits $2650 in an account that pays 4% interest compounded once a year. Person be deposits $2250 in an account that oays 5% interest compounded monthly.
who will have more money in their account after five years?
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