Mathematics, 04.05.2020 23:53 alisonmrodriquez1450
Compare the investment below to an investment of the same principal at the same rate compounded annually
principal: $6,000 annual interest: 8%, interest periods: 12 number of years: 10
After 10 years, the investment compounded periodically will be worth ($¿?) more than investments compounded anually.
(Round to two decimal places as needed.)
more than the investment compounded annually
Answers: 1
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