Lexi has 400 dollars to invest for 10 years in a saving account. Simple bank is offering a 10 year investment at 6% simple interest. Compound bank is offering an investment for the same number of years, but the interest is 5% compounded annually. In which bank should Lexi invest her money?

Lexi has 400 dollars to invest for 10 years in a saving account Simple bank is offering a 10 year investment at 6 simple interest Compound bank is offering an i class=