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Bank A offers to pay you 3.5% annual interest if you deposit $500 for one year. Bank B will pay you 1.25% annual interest if you deposit $600 for one year. Which bank do you think will pay more to deposit your money over the course of a year?

Respuesta :

oliviargraham27
The answer would be:
Bank A

Explanation:
Bank A gives 3.5% which is already more and you only have to pay a deposit of $500 for one year which is less than bank B.

I hope this helped :)

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