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Question 1
4 pts
Bill has a choice of two investments. He can invest $12,000 for 10 years in
a mutual fund that earns 6% interest compounded monthly. His other
option is to invest the $12,000 for 16 years in an IRA that earns 4% interest
compounded quarterly.
Which investment will give Bill more money and by how much?
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Jalen charges $25.50 for every 3 hours of yard work he does for his neighbors. ralph charges $34 for every 4 hours of work that he does. who charges less? opinions: 1.they charge the same amount 2.jalen 3.ralph
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