Question: begin{tabular}{l|l|} 1 & Checked Compounding 2 & 3 & 4 & 5 & 6 & Amount invested today 7
\begin{tabular}{l|l|} 1 & Checked Compounding \\ 2 & \\ 3 & \\ 4 & \\ 5 & \\ 6 & Amount invested today \\ 7 & Annual rate of return \\ 8 & Years until maturity \\ 9 & You are thinking about retirement, and would like \\ 10 & You \end{tabular} to compute how much you will have some time in the future. Using the data from above, please compute future amounts, and then answer these questions: Please answer the following question: How much MORE will you have if compounding is daily rather than monthly? A Between 4,000 and 10,000 B Between 10,000 and 12,000 C Between 12,000 and 14,000 D Between 14,000 and 20,000
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