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Mathematics 23 Online
OpenStudy (thatgirl21):

Please help, will medal and fan. You have an extra $15,000 at your disposal. You go to two different banks and they offer you two different savings options: Bank one -> 4.75% compounded monthly Bank two -> 4.55% compounded continuously You are not planning to touch this money and hope to leave it in the account until you return, which you guess is in 40 years. Write the formula used to calculate each of your options, and also write the amounts after 40 years

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