document.write( "Question 816462: suppose you have $1000 to invest. which investment gives the better return over five years: 5% compounded quarterly or 4.75% compounded continuously? \n" ); document.write( "
Algebra.Com's Answer #491549 by rfer(16322)\"\" \"About 
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FV=1000(1+0.05/4)^4*5
\n" ); document.write( "FV=1000(1.0125)^20
\n" ); document.write( "FV=1000(1.282)
\n" ); document.write( "FV=$1282.00
\n" ); document.write( "----------------
\n" ); document.write( "FV=1000(2.7183)^0.0475*5
\n" ); document.write( "FV=1000(1.2681)
\n" ); document.write( "FV=$1268.00
\n" ); document.write( "
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