10-07-2021
Mathematics

contestada

Emily wants to buy a car. She has a choice between two different banks. One bank is offering a simple interest rate of 4.5% and the other bank is offering a rate of 4.5%
compounded annually. Which is the better deal?

A.) a simple interest rate of 4.5%

B.) a compound interest rate of 4.5%

Respuesta :

nchipaurindo nchipaurindo

20-07-2021

Answer:

simple interest rate of 4.5%

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