Question:3) The Rob U Blind Bank advertises capital savings at 7.128%
compounded semi-annually while Take Your...
Question
3) The Rob U Blind Bank advertises capital savings at 7.128%
compounded semi-annually while Take Your...
3) The Rob U Blind Bank advertises capital savings at 7.128%
compounded semi-annually while Take Your Money Trust offers premium
savings at 7.1% compounded monthly. Suppose you have $4400.00 to
invest for two years.
a) Which deposit will earn more interest?
b) What is the difference in the amount of interest?