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Mathematics, 08.04.2020 22:17 jasondesatnick
Suppose you have $10,000 to invest. Which investment yields the greater return over 7 years: 6.6% compounded monthly or 6.7% compounded quarterly? A) Both investment plans yield the same return. B) $10,000 invested at 6.6% compounded monthly over 7 years yields the greater return. C) $10,000 invested at 6.7% compounded quarterly over 7 years yields the greater return.
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