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Which is the better deal: an account that pays 4% interest compounded daily or one that pays 3.95% compounded continuously?
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Which is the better deal: an account that pays 4% interest compounded daily or one that pays 3.95% compounded continuously?

User Hans Roerdinkholder
by
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1 Answer

4 votes

Answer:

compounded continuously

Explanation:

compounded continuously occurs more frequently than daily

User Diego Tercero
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