Question

A sum of RM5,000 is to be invested in a saving account.   Bank A offers 8% simple annual interest.  Bank B offers 8% compound annual interest. Bank C offers 6.2% compound annual interest payable every six months.   Determine the amount of interest received from each bank if the sum is to be invested for 5 years. State which bank provides the best deal. Assume all rates are fixed for 5 years. Show all the necessary calculations​

Answer 1

Answer:

I will not send it to anyone or anything like that one day and I went behind my back and

Step-by-step explanation:

get it done by then and y only one tick tick tick off