HELP MEEEEEE! Which type of account would you suggest Tyler deposit his money into: the account with simple interest or compound interest? Justify your reasoning.

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asked Jul 7, 2021 40.6k views

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Asmat Ullah · Answer 1 · 2021-07-12T20:50:51+0000

Answer:

Tyler should be suggested to deposit his money in Compound interest because it compound the interest for all the Successive years which give more interest then Simple interest

HELP MEEEEEE! Which type of account would you suggest Tyler deposit his money into: the account with simple interest or compound interest? Justify your reasoning.

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