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  • 02-07-2024
  • Business
Answered

Suppose you have $14,000 to invest. Which of the two rates would yield the larger amount in 4 years 10% compounded quarterly or 9 80% compounded continuously. Which of the two rates would yield the larger amount in 4 years?
A. 10% compounded quarterly
B. 9.88% compounded continuously



Answer :

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