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Mathematics, 04.10.2020 03:01 abigailweeks10

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Bill has a choice of two investments. He can invest $12,000 for 10 years in
a mutual fund that earns 6% interest compounded monthly. His other
option is to invest the $12,000 for 16 years in an IRA that earns 4% interest
compounded quarterly.
Which investment will give Bill more money and by how much?
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