Jim places $10,000 in a bank account that pays 13.5%

Last updated: 7/10/2022

Jim places $10,000 in a bank account that pays 13.5% compounded continuously. After 2 years, will he have enough money to buy a car that costs $13,1047 if another bank will pay Jim 14% compounded semiannually, is this a better deal? After 2 years, Jim will have $