colberts57 colberts57

14-05-2021
Mathematics

contestada

Danielle is reviewing two different savings accounts. Use the features of each account provided in the table to complete the statement.

Interest Rate Compounding Frequency Minimum Deposit
Savings Account 1 2.25% semiannually $500
Savings Account 2 2.20% quarterly $500

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LaMiyahollis1 LaMiyahollis1

25-05-2021

Answer:

Account 1 earns a higher annual interest rate of 2.26%.

Step-by-step explanation:

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