s1617787 s1617787

14-12-2022
Mathematics

Answered

Compare the investment below to an investment of the same principal at the same rate compounded annually.
principal: $10,000, annual interest: 7%, interest periods: 4, number of years: 10
After 10 years, the investment compounded periodically will be worth $
(Round to two decimal places as needed.)
more than the investment compounded annually

Answer :

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