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breannaasmith1122
breannaasmith1122
28.01.2020 • 
Mathematics

25 points if answered #1 you have just inherited $5,000 from an old, incredibly rich (and smart) math teacher. however there is one condition. you have to decide whether to put the money in an account with 9% annual percentage rate compounded yearly or an account with 8 % annual rate compounded quarterly (4 times each year) each account will be compounded for 5 years. which account would give you more money after the 5 years? justify. how much money will the 9% account give you after 5 years? * how much money will the 8% account give you after 5 years? *

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