Bank account A begins with a deposit of 2400 dollars and earns 5.75% simple interest annually. Bank account B also begins with 2400 dollars and earns 5.75% interest compounded annually. Bank account C begins with 2400 dollars and earns 5.75% APR compounded monthly. 
2.  Complete the table showing the amount in each account at the end of one year. (Round all answers to the nearest dollar.)
 
3.  Complete the table showing the amount in each account at the end of five years. (Round all answers to the nearest dollar.)
 
4.  Complete the table showing the amount in each account at the end of ten years. (Round all answers to the nearest dollar.)
 
5.  Which of the three investments is best for the investor?  

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Account C is the... View the full answer
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2. A  $2,538.00 B  $2,538.00 C  $2,541.70 3. A ... View the full answer