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Mathematics, 12.03.2020 00:32 poppy1173
Javier invests $500 into an account
with the bank that compounds continuously with an annual rate of 9.0% and
Maria invests $500 into a different account that compounds annually with an
annual rate of 9.03%. Find the value in
each account after 10 and 30 years. What
did you notice? Should you compare more
than just the annual rate to determine
which account to invest in? Why or why
not?
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Answers: 3
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Javier invests $500 into an account
with the bank that compounds continuously with an an...
with the bank that compounds continuously with an an...
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