Assume $1000 at 4.9% semi-annually = <span>$1,049.60 Assume $1000 at 4.8% daily = </span><span> $1,049.17
Let's try a bigger number $50'000 </span>4.9% semi-annually<span> $52,480.01 </span> $50,000 4.8% daily = <span> $52,458.37 It's a wash, the question is how long will you be investing, that might make a difference. I calculated 12 Millions over 6 years and bank A would be the better choice. Semi-annual compounded at 4.9%</span>
You can see that the area of the blue rug is 2*2 or 4. The area of the rug needed to cover the stain will have to be 4*4 or 16. This means that the original rug will need to be dilated by 4 to cover the stain (4 (original) times 4 = 16 (new))
