3 years ago

Two banks are running promotions on savings accounts in anticipation of higher interest rates in the future.

Mathematics

1 answer:

chubhunter [2.5K]3 years ago

4 0

Answer:

<h2>First Federal Bank is best</h2>

Step-by-step explanation:

First national bank gives:

$5,449.03 after 4 years being compounded annually at a rate of 2.15%

First federal bank gives:

$5,468.12 after 4 years at a rate of 2.25%

Please let me know if I did anything wrong. I will immediately fix my mistakes :)

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