Janille needs to choose between two investments: One pays 6% compounded annually, and the other pays 5.9,
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Janille needs to choose between two investments: One pays 6% compounded annually, and the other pays 5.9, compounded monthly. If she plans to invest $18,000 for 2 years, which investment should she choose? How much extra interest will she earn by making the better choice?
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For 6 compounded annually for 2 years A 180001006 ...View the full answer
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Sandip Nandnawar
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