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1 vote
1 vote
Given an investment of $1,500: which investment would have a larger balance after 5 years? Option 1 - 4% compounded monthly option 2 - 3.9% compounded daily.

User Mark Brown
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1 Answer

19 votes
19 votes

Answer:

It is option one

Explanation:

I don’t know why but I’m doing a quizzizz with the same question and i picked option 2 but option one was the correct answer

User Yarian
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3.0k points