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You want to put money into a bank. The first bank will take a 1st deposit of 500 dollars and pays 4.8% compounded quarterly. The Second bank with take a 1st deposit of 3000 dollars but pays 2.7% compounded
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You want to put money into a bank. The first bank will take a 1st deposit of 500 dollars and pays 4.8% compounded

quarterly. The Second bank with take a 1st deposit of 3000 dollars but pays 2.7% compounded annual

User Victor Timoftii
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6.6k points

1 Answer

12 votes

Answer:

4

Explanation:

the step equation because of the font

User Vadym Tyemirov
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7.5k points
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