Question: . $1,529.41 Compound Interest - Future Value. Dave wants to invest $8,000.00 for 5 years. Yellow Bank offers 5.75% compounded annually and Red Bank offers
. $1,529.41 Compound Interest - Future Value. Dave wants to invest $8,000.00 for 5 years. Yellow Bank offers 5.75% compounded annually and Red Bank offers 5,50% compounded monthly, which bank will you advice him to invest his money? O a. Yellow Bank O b. Red Bank O c. Do no invest in any bank O d. Invest in other banks
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