Mathematics, 25.11.2020 14:40 marianasanin2007
Suppose Carla has $7000 to invest. Which investment yields the greater return over 4 years: 7% compounded quarterly or 6.85% compounded monthly?
a. They are the same.
b. The rate of 7% compounded quarterly is better.
c. The rate of 6.85% compounded monthly is better.
Answers: 1
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Suppose Carla has $7000 to invest. Which investment yields the greater return over 4 years: 7% compo...
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