Mathematics, 28.04.2021 17:10 wangf123
Mr. Douglas wants to invest $4000 for ten years. He has two options to do this. Option 1 would be at an interest rate of 2.5% compounded quarterly and Option 2 would be at an interest rate of 2% compounded monthly. Give the amount of money for each option rounding to the nearest DOLLAR (no decimals). Then tell which is the better option?
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Mr. Douglas wants to invest $4000 for ten years. He has two options to do this. Option 1 would be at...
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