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Mathematics, 11.06.2020 12:57 Zacwn6360
An employee wants to invest $50,000 in a pension plan. One investment offers 6% compounded quarterly. Another offers 5.75% compounded continuously.
(a) Which investment will ear more interest in 5 yr?
(b) How much more will the better plan earn?
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Answers: 1
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An employee wants to invest $50,000 in a pension plan. One investment offers 6% compounded quarterly...
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