Mathematics, 18.02.2021 08:30 johnzman10
Four accounts are described below. Order the accounts according to their values after 20 years, from greatest to least.
1. You deposit $450 in an account that earns 8% annual interest compounded monthly.
2. You deposit $450 in an account that earns 10% annual interest compounded semiannually.
3. You deposit $500 in an account that earns 9% annual interest compounded quarterly.
4. You deposit $500 in an account that earns 7% annual interest compounded daily.
Answers: 2
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Four accounts are described below. Order the accounts according to their values after 20 years, from...
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