chillancuanto0e chillancuanto0e
  • 26-04-2024
  • Mathematics
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Louise has $1000 that she wants to deposit at her local credit union for 5 years.
The credit union offers two types of savings accounts. Account A pays 2.5% annual
simple interest. Account B pays 2% annual interest compounded yearly. Which
account should Louise choose? Explain.

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