Mathematics, 20.04.2021 04:40 neko64

A bank gives an compound interest rate of 3% return on investments. In a special offer, it allows the customer to determine the amount of times the interest is compounded. Which should you chose to maximize your gain? You can choose multiple Annually (n = 1)

Monthly (n = 12)

Daily (n = 365)

Continuously (base e)

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