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3 years ago

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Dianne is going to invest 2,500. American Bank offered a simple interest rate of 3%, while Liberty Savings offered an interest r

ate of 2.75% compounded anually. Compare Diannes interest after investing $2,500 for 8 years with both banks.

1 answer:

OLga [1]3 years ago

7 0

I got 3166.93 for American Bank and 3105.95 for Liberty Savings, hope this helps

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