Mathematics, 04.05.2021 20:30 lina2662

Robert can invest $8,000 in a 1-year CD at 4 percent compounded monthly or a 1-year CD compounded daily. What is the difference earned in each investment? 1. Amount for monthly? 2. Interest earned ? 3. Amount for daily? 4. Interest earned ? 5. Differences?

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Robert can invest $8,000 in a 1-year CD at 4 percent compounded monthly or a 1-year CD compounded da...