giusto1073
23.07.2020 •
Mathematics
Tristan wants to buy a car and has a choice between two different banks. One bank is offering simple interest rate of 3% and the other bank is offering a rate of 2.5% compounded annually. If Tristan decides to deposit $7000 for 40 years, which bank will be the better deal?
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Ответ:
Number one. a simple interest rate of 3%
Number two. a compound interest rate of 2.5%
Step-by-step explanation:
Ответ:
4,000,000
Or you can also say 4 million
Step-by-step explanation: