yjudon37
yjudon37
27.04.2021 • 
Mathematics

Linette invested $20,000 at Wells-Fargo Bank at an interest rate of 5% a year compounded semi-annually over 4 years. She then invested $20,000 at Chase Bank at an interest rate of 5% compounded continuously over 4 years. Which bank gave her the better return of her investment, and by about how much?

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