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Mathematics, 01.04.2021 15:20 angelaencinas90

You have the option to deposit $6500 into an account that pays 3.25% interest, compounded quarterly OR to deposit your money into an account that pays the same interest rate but compounds continuously. Which option yields you more money after 5 years and how much more?

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You have the option to deposit $6500 into an account that pays 3.25% interest, compounded quarterly...

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