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Mathematics, 25.02.2022 09:20 makaylamsikahema
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Suppose that you have $4000 to invest. Which investment yields the greater return over 9 years: 7.5% compounded continuously or 7.6% compounded semiannually? Show work
A)Both investment plans yield the same return.
B)$4000 invested at 7.6% compounded semiannually over 9 years yields the greater return.
C)$4000 invested at 7.5% compounded continuously over 9 years yields the greater return.
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