Suppose you have $12,000 to invest. Which of the two rates would yield the larger amount in 3 years: 7% compounded daily

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Suppose you have $12,000 to invest. Which of the two rates would yield the larger amount in 3 years: 7% compounded daily

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Suppose You Have 12 000 To Invest Which Of The Two Rates Would Yield The Larger Amount In 3 Years 7 Compounded Daily 1
Suppose You Have 12 000 To Invest Which Of The Two Rates Would Yield The Larger Amount In 3 Years 7 Compounded Daily 1 (13.19 KiB) Viewed 27 times
Suppose you have $12,000 to invest. Which of the two rates would yield the larger amount in 3 years: 7% compounded daily or 6.92% compounded continuously? Which of the two rates would yield the larger amount in 3 years? 6.92% compounded continuously 7% compounded daily CLEM
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