Mathematics, 29.01.2021 06:00 destinyleisantos
Compare the investment below to an investment of the same principal at the same rate compounded annually.
principal: $1,000, annual interest: 9%, interest periods: 12 , number of years: 12
After 12 years, the investment compounded periodically will be worth $___. more than the investment compounded annually.
Answers: 2
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