SOLUTION: which of the two rates would yield a larger amount in one year: 5% compounded quarterly or 5.25 compunded annually?
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Question 620566: which of the two rates would yield a larger amount in one year: 5% compounded quarterly or 5.25 compunded annually?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Which is larger: ^4)
or 
?
John
My calculator said it, I believe it, that settles it
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