Mathematics, 21.02.2021 21:20 bellamparker

Compare the investment below to an investment of the same principal at the same rate compounded annually. principal: $,8,000 annual interest: 3%, interest periods: 12 , number of years: 20

After 20 years, the investment compounded periodically will be worth $ (ANSWER)
nothing more than the investment compounded annually.

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Compare the investment below to an investment of the same principal at the same rate compounded annu...