Question: you have $ 1 5 , 6 0 0 to invest today. The annual rate of interest is 7 . 5 % . Consider what

you have $15,600 to invest today. The annual rate of interest is 7.5%. Consider what your investment will be worth in 2 years. At the end of the story, how much more would you have if compounding was every six months rather than annually?

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