SOLUTION: You have searched online and found banks offering two different interest rates for the same service: Bank A offers 4.5%/a and Bank B offers 4.9%/a. All other terms of the service a

Algebra ->  Finance -> SOLUTION: You have searched online and found banks offering two different interest rates for the same service: Bank A offers 4.5%/a and Bank B offers 4.9%/a. All other terms of the service a      Log On


   



Question 1142160: You have searched online and found banks offering two different interest rates for the same service: Bank A offers 4.5%/a and Bank B offers 4.9%/a. All other terms of the service are the same.
In what situation would you be better off choosing Bank A? Explain

Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
"better" is not a well defined math term.
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1 bank might be closer, might be open longer hours, etc.