Mathematics, 01.03.2021 17:30 mandy9386
Compare the investment below to an investment of the same principal at the same rate compounded annually.
principal: $5,000, annual interest: 4%, interest periods: 4 , number of years: 14
After 14 years, the investment compounded periodically will be worth $nothing more than the investment compounded annually.
(Round to two decimal places as needed.)
Answers: 1
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Compare the investment below to an investment of the same principal at the same rate compounded annu...
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