Short Answer
Jeff has $20,000.He placed $10,000 in Bank 1 with an account earning 3.1% annual interest, compounded continuously. He also placed $10,000 in Bank 2 with an account earning 3.7% annual interest compounded weekly. After 10 years,
A) how much money is in Bank 1?
B) how much money is in Bank 2?
Correct Answer:
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a)$13,634....View Answer
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Correct Answer:
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