Mathematics, 29.04.2021 01:00 missheyward30

8. How much better is the return on a 7% yearly interest rate investment that is compounded monthly as opposed to compounded yearly?
Between 2.5% and 3.0% better
Between 3.5% and 4.0% better
Between 4.0% and 4.5% better
Between 3.0% and 3.5% better

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8. How much better is the return on a 7% yearly interest rate investment that is compounded monthly...