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investm earn more money, investment for 6 years at 11% compounded continuously or a $1,000.00 investment for 6 years at 12% compounded every 4 months x. (Round to 2 decimal a) 11% compounded continuously would be worth $ 1870.41 places.) b) 12% compounded every 4 months would be worth $ 1917.62 places.) c) 11% compounded continuously would be worth more 12% compounded every 4 months would be worth more The would be worth the same. x. (Round to 2 decimal

investm earn more money, investment for 6 years at 11% compounded continuously or a $1,000.00 investment for 6 years at 12% compounded every 4 months x. (Round to 2 decimal a) 11% compounded continuously would be worth $ 1870.41 places.) b) 12% compounded every 4 months would be worth $ 1917.62 places.) c) 11% compounded continuously would be worth more 12% compounded every 4 months would be worth more The would be worth the same. x. (Round to 2 decimal

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Which investment will earn more money, a $1,000.00 investment for 6 years at 11% compounded continuously or a $1,000.00 investment for 6 years at 12% compounded every 4 months a) 11% compounded continuously would be worth $ 1870.41 places.) b) 12% compounded every 4 months would be worth $ 1917.62 places.) c) 11% compounded continuously would be worth more 12% compounded every 4 months would be worth more The would be worth the same. X. (Round to 2 decimal X. (Round to 2 decimal
Transcribed Image Text:Which investment will earn more money, a $1,000.00 investment for 6 years at 11% compounded continuously or a $1,000.00 investment for 6 years at 12% compounded every 4 months a) 11% compounded continuously would be worth $ 1870.41 places.) b) 12% compounded every 4 months would be worth $ 1917.62 places.) c) 11% compounded continuously would be worth more 12% compounded every 4 months would be worth more The would be worth the same. X. (Round to 2 decimal X. (Round to 2 decimal
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