6. Yu is considering two different banks for his $3,000 savings account: OPTION A 4% FOR 20 YEARS SIMPLE INTEREST OPTION B 2% FOR 10 YEARS COMPOUND INTEREST 8 What is the interest earned on option A? O What is the total value on option A? What is the interest earned on option B? O What is the total value on option B? 10 Which is the better option?
6. Yu is considering two different banks for his $3,000 savings account: OPTION A 4% FOR 20 YEARS SIMPLE INTEREST OPTION B 2% FOR 10 YEARS COMPOUND INTEREST 8 What is the interest earned on option A? O What is the total value on option A? What is the interest earned on option B? O What is the total value on option B? 10 Which is the better option?
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.59TI: New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will...
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