Mathematics, 01.12.2021 06:20 aallyssabrown0120
Compare the investment below to an investment of the same principal at the same rate compounded annually.
principal: $1,000, annual interest: 3%, interest periods. 12, number of years: 14
more than the investment compounded annually.
After 14 years, the investment compounded periodically will be worth $
(Round to two decimal places as needed.)
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