Mathematics, 03.04.2021 08:20 dontcareanyonemo
A). You plan to invest $1978 in an account with two different options. Option 1 earns 8.5% annually, with interest to be compounded continuously. How much money would you have in the account after 2 years?
B). You plan to invest $1978 in an account with two different options. Option 2 earns 8.5% annually, with interest to be compounded quarterly. How much money would you have in the account after 2 years?
C). You plan to invest $1978 in an account with two different options. Based on your two previous answers, which option would you choose and why?
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A). You plan to invest $1978 in an account with two different options. Option 1 earns 8.5% annually,...
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