Mathematics, 08.03.2021 20:00 kmisure
Compare the investment below to an investment of the same principal at the same rate compounded annually.
Principal: $8,000, annual interest: 5%, interest periods: 4 , number of years: 12.
After 12 years, the investment compounded periodically will be worth $_ more than the investment compounded annually. (Round to two decimal places as needed.)
Answers: 1
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Compare the investment below to an investment of the same principal at the same rate compounded annu...
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