You can choose to deposit an inheritance from your grandmother of
$11,500 in either of two banks for 5 years. Bank A pays 4.95%
compounded continuously or Bank B pays 5% compounded quarterly.
Which pays the most? Show how much more
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Home » Mathematics » You can choose to deposit an inheritance from your grandmother of $11,500 in either of two banks for 5 years. Bank A pays 4.95% compounded continuously or Bank B pays 5% compounded quarterly. Which pays the most? Show how much more