Whitney deposits $9,000 for two years. She compares two different banks. State Bank will pay her 4.1%
Question:
a. How much interest does State Bank pay?
b. How much interest does Kings Savings pay?
c. Which bank pays higher interest? How much higher?
d. What other factors might affect Whitney's choice besides interest?
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Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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