Mathematics, 20.01.2021 22:50 therealpr1metime45
Recall the scenario discussed in section 1:
$10,000 invested at a 3% interest rate compounded N times per year. Compare the change in Pas Nincreases by filling
in the table. Use a calculator and write the values to 5 decimal places.
N
P-
1 (once per year)
$ 1000
4 (every 3 months) $
I
12 (every month)
$
52 (every week)
$
365 (every day)
$
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Recall the scenario discussed in section 1:
$10,000 invested at a 3% interest rate compounded N tim...
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