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)
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Which is larger:
or
?
John
My calculator said it, I believe it, that settles it
