How much more does $1,000 earn in 8 years, compounded daily at 3%, than $1,000 over 8

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How much more does $1,000 earn in 8 years, compounded daily at 3%, than $1,000 over 8 years at 3%, compounded semi-annually, to the nearest cent?

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Financial Algebra Advanced Algebra With Financial Applications

ISBN: 9781337271790

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

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Question Posted: Sep 12, 2022 03:18 AM

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How much more does $1,000 earn in 8 years, compounded daily at 3%, than $1,000 over 8

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Financial Algebra Advanced Algebra With Financial Applications

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