Mathematics, 08.04.2021 17:50 imsmart916
You have $9,000 that you plan to invest in a compound-interest-bearing account. Your investment agent advises you that you can invest the money at 8% compounded daily for four years or you can invest the money at 8.25% compounded monthly for four years. Which investment should you choose to receive the most interest? How much more interest will you receive?
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You have $9,000 that you plan to invest in a compound-interest-bearing account. Your investment agen...
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