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Mathematics 8 Online
OpenStudy (chosenmatt):

Gabriel received a $5,000.00 bonus and wants to put the money into a savings account. A savings account at bank A earns 3% simple interest and a savings account at bank B earns 2% interest compounded quarterly. If Gabriel plans to deposit the $5,000.00 and leave it in the account for 2 years, at which bank would he earn more interest? A.bank A B.bank B

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