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November 27, 2014

Homework Help: math

Posted by Kat on Tuesday, April 2, 2013 at 9:58pm.

you are looking for a safe place to put 30,000.00 for one yr. Bank A offers 2.46% interest rate continuously. Bank B offers 2.48% quarterly and Bank C offers 2.47% monthly. Find the most effective rate of each to determine which would earn you the most interest at the end of one yr.

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