Question: Which should he choose? Justify your answer. Dave Dudley won $1500 in a photography contest. He is going to invest the money for a year

Which should he choose? Justify your answer.

Dave Dudley won $1500 in a photography contest. He is going to invest the money for a year before he heads off to college. His two options are to invest into an account that pays 5% simple interest, or another that pays 4.75% interest compounded monthly. Which should he choose? Justify your

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