Question 326914
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Either way, you are going to calculate a number to be multiplied by the principal amount in order to calculate the total amount of the investment.  Since the principal amount is the same in both scenarios, it is sufficient to compare the multipliers to answer the question.


Which is larger:


*[tex \LARGE \ \ \ \ \ \ \ \ \ \ (1.0445)^{8}]


or


*[tex \LARGE \ \ \ \ \ \ \ \ \ \ e^{0.0875\,\cdot\,4}]


I'll leave you alone to spend some quality time with your calculator.


John
*[tex \LARGE e^{i\pi} + 1 = 0]
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