Suppose $4000 can be invested for 4 years and 8 months at 3.83% compounded annually. Then assume the same amount could be invested for the same term at 3.79% compounded daily. Compare the two compounded amounts. ( Answer is 4766.87) but i need solution

Answer rating: 100% (QA)

To compare the compounded amounts for the two different interest rates we need to calcula... View the full answer