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Mathematics, 21.04.2021 18:10 patrickgonzalezjr13

You want to invest $1000. You can either buy a 1-yr simple interest bond with an interest rate of 6%. Or you can invest it in some index funds for a
year with 3% interest compounded monthly. Which of the two will have the
greater amount after a year?

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Answers: 1

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