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REFERENCES he value of money practice sheet 1Como MAUNGSREVIEW VW Model Word HOME INSERT DESIGN PAGE LAYOUT X Cut Arial 12 - A A Copy

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REFERENCES he value of money practice sheet 1Como MAUNGSREVIEW VW Model Word HOME INSERT DESIGN PAGE LAYOUT X Cut Arial 12 - A A Copy * Format Painter IV. XX A. Clipboard A . . . + A Alb Alb AaBbc Aab AaBbc D led- o 3) Jeanne has just graduated from high school and has received an award for $5,000. She would like to deposit the money in an interest earning account until she graduates from college (le, four years from now). In her search for the highest interest earning account, she has narrowed the list down to the following two accounts: 1) bank A pays 9 percent interest compounded annually, and 2) bank B pays 8 percent interest compounded semi-annually, Which is the better offer, and how much will Jeanne have upon graduation from college? AD WORDS Type here to search

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