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3 years ago

15

Please help I'll give brainliest

1 answer:

nlexa [21]3 years ago

3 0

Answer:

Option A

Step-by-step explanation:

Let the amount be P

<u>Compound interest:</u>

P*(1 + 0.027)^5 = P*1.1425 rounded

<u>Simple interest:</u>

P*(1 + 0.028*5) = P*1.14

Alice should choose compound interest, Option A

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