document.write( "Question 1139135: Preston received a paycheck for $900.00 and he wants to invest it in a savings account. A savings account at bank A earns 4% interest compounded monthly and a savings account at bank B earns 5% simple interest. If Preston plans to deposit the $900.00 and leave it in the account for 3 years, at which bank would he earn more interest? \n" ); document.write( "
Algebra.Com's Answer #756909 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! Bank A: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "---------------------------- \n" ); document.write( "Bank B: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "--------------------------- \n" ); document.write( "Bank B earns the most interest \n" ); document.write( "check the math \n" ); document.write( " \n" ); document.write( " |