Bank a pays 5 simple interest on its savings account
Bank A pays 5% simple interest on its savings account balances while Bank B pays 4% interest compounded semi-annually. If you decide to save $10,000 in each bank, how much interest will you have earned after five years from each bank?
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bank a pays 5 simple interest on its savings account balances while bank b pays 4 interest compounded semi-annually if
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