jw72075 jw72075

12-12-2022
Mathematics

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Consider the two savings plans below. Compare the balances in each plan after 5 years. Which person deposited
more money in the plan? Which of the two investment strategies is better?
Yolanda deposits $450 per month in an account with an APR of 6%, while Zach deposits $5000 at the end of each
year in an account with an APR of 6.5%.

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