Question: Use the compound se the compound interest formulas A = P q . rant and A = Pert to solve. n 8) Suppose that you

Use the compound

se the compound interest formulas A = P q . rant and A = Pert to solve. n 8) Suppose that you have $8000 to invest. Which investment yields the greater return over 7 years: 6.6% compounded monthly or 6.7% compounded quarterly

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