Mathematics, 03.02.2021 06:40 4Tris
6.3.18
Compare the investment below to an investment of the same principal at the same rate compounded annually.
principal: $5,000, annual interest: 6%, interest periods: 2, number of years: 19
After 19 years, the investment compounded periodically will be worth $ more than the investment compounded annually.
(Round to two decimal places as needed.)
Answers: 2
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