Jane is having difficulty deciding wheter to put her savings in the mystic bank or in the four rivers bank. mystic offers 12% rate compaounded quarterly, and four rivers offers 14% compunded semiannually. jane has 40,000 tro invest and expects to withdraw the money at the end of five years. which is the best deal.
+1
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Jane is having difficulty deciding wheter to put her savings in the mystic bank or in the four rivers bank. mystic offers 12% rate ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Mathematics » Jane is having difficulty deciding wheter to put her savings in the mystic bank or in the four rivers bank. mystic offers 12% rate compaounded quarterly, and four rivers offers 14% compunded semiannually.