sumitshekhar348
sumitshekhar348
23.06.2019 • 
Mathematics

Jill wants to buy a car. she has a choice between two different banks. one bank is offering a simple interest rate of 3.2% and the other bank is offering a rate of 3% compounded annually. if jill decides to deposit $7,000 for 5 years, which bank would be the better deal?

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