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Mathematics, 24.02.2021 06:20 kyleeeeee94

PLEASE HELP ME IM CRYING An investor considers two investment bonds. One $4,000 bond offers 3% interest compounded annually for 10 years. Another $4,000 bond offers 3% interest compounded monthly for 10 years. How much more interest would the investor earn from the bond with monthly compounding? Use pencil and paper. Explain how to find the interest rate the bond with annual compounding would have to offer so the interest earned would be the same for both bonds.

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PLEASE HELP ME IM CRYING An investor considers two investment bonds. One $4,000 bond offers 3% in...

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