- 28 Which Of The Following Will Yield The Greater Amount A Putting 1 000 In An Account Paying 3 Interest Com In P 1 (26.38 KiB) Viewed 32 times
28. Which of the following will yield the greater amount: (a) putting $1,000 in an account paying 3% interest, com- in p
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
28. Which of the following will yield the greater amount: (a) putting $1,000 in an account paying 3% interest, com- in p
28. Which of the following will yield the greater amount: (a) putting $1,000 in an account paying 3% interest, com- in pounded annually, and leaving it for 10 years, or (b) putting $1,000 in an account paying 6% interest, compounded an- latenually, and leaving it for 5 years?