# How much will an investment of $ 9,000 be worth at the end of five years if it earns? A.

## Question:

A. 3 percent interest compounded monthly?

B. 4 percent interest compounded monthly?

C. 3 percent interest compounded semimonthly?

D. 4 percent interest compounded semimonthly?

E. Explain the difference between part A and part C.

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**Related Book For**

## Introduction to Accounting An Integrated Approach

**ISBN:** 978-0078136603

6th edition

**Authors:** Penne Ainsworth, Dan Deines

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