document.write( "Question 1191432: One bank quotes interest at 4% p.a. compounded semi annually. Another bank offers interest of 5% compounded monthly. Which one of these banks would you prefer and why? \n" ); document.write( "
Algebra.Com's Answer #823290 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "One bank quotes interest at 4% p.a. compounded semi annually. Another bank offers interest of 5% compounded monthly. Which one of these banks would you prefer and why? \n" ); document.write( " That's so TRUE, @ALAN. Me too!!\n" ); document.write( " |