Consider the two savings plans below. Compare the balances in each plan after 11 years. Which...
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Consider the two savings plans below. Compare the balances in each plan after 11 years. Which person deposited more money in the plan? Which of the two investment strategies is better? Yolanda deposits $50 per month in an account with an APR of 3%, while Zach deposits $600 at the end of each year in an account with an APR of 3%. The balance in Yolanda's saving plan after 11 years was $7807.908531 (Round the final answer to the nearest cent as needed. Round all intermediate values to seven decimal places as needed.) The balance in Zach's saving plan after 11 years was $ (Round the final answer to the nearest cent as needed. Round all intermediate values to seven decimal places as needed.) Consider the two savings plans below. Compare the balances in each plan after 11 years. Which person deposited more money in the plan? Which of the two investment strategies is better? Yolanda deposits $50 per month in an account with an APR of 3%, while Zach deposits $600 at the end of each year in an account with an APR of 3%. The balance in Yolanda's saving plan after 11 years was $7807.908531 (Round the final answer to the nearest cent as needed. Round all intermediate values to seven decimal places as needed.) The balance in Zach's saving plan after 11 years was $ (Round the final answer to the nearest cent as needed. Round all intermediate values to seven decimal places as needed.)
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