Mathematics, 16.01.2021 01:00 babbybronx
Compare the investment below to an investment of the same principle at the same rate compounded annually.
Principle: $3,000, annual interest:5%, interest periods:4, number of years: 14
After 14 years, the investment compounded periodically will be worth $__ more than the investment compounded annually. Thanks!
Answers: 1
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Compare the investment below to an investment of the same principle at the same rate compounded annu...
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