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Which investment would be worth the MOST after 20 years? A) An initial investment of $3000 compounded annually at a rate of 12% B) An initial investment of $3000 compounded quarterly at a rate of 11.9%
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Which investment would be worth the MOST after 20 years?

A) An initial investment of $3000 compounded annually at a rate of 12%
B) An initial investment of $3000 compounded quarterly at a rate of 11.9%
C) An initial investment of $3000 compounded weekly at a rate of 11.85%
D) An initial investment of $3000 compounded continuously at a rate of 11.8%​

User Cleto Gadelha
by
4.5k points

1 Answer

2 votes

Answer:

D) An initial investment of $3000 compounded continuously at a rate of 11.8%​

Explanation:

User Vedran Pavic
by
4.8k points
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