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Other Fields Homework Help Management Topic started by: betterway on Mar 6, 2017



Title: Jeanne has just graduated from high school and has received an award for $5,000. She would like to ...
Post by: betterway on Mar 6, 2017
Jeanne has just graduated from high school and has received an award for $5,000. She would like to deposit the money in an interest earning account until she graduates from college (i.e., four years from now). In her search for the highest interest earning account, she has narrowed the list down to the following two accounts: 1) bank A pays 9 percent interest compounded annually, and 2) bank B pays 8 percent interest compounded semiannually. Which is the better offer, and how much will Jeanne have upon graduation from college?


Title: Re: Jeanne has just graduated from high school and has received an award for $5,000. She would like ...
Post by: donnaban on Mar 6, 2017
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Title: Re: Jeanne has just graduated from high school and has received an award for $5,000. She would like to ...
Post by: betterway on Jul 4, 2017
Thank you for providing the right answer every time