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Thepotemich [5.8K]

2 years ago

9

Suppose you have $11,000 to invest. Which of the two rates would yield the target amount in 1 year: 11% compounded daily or 10.9

3% compounded continuously?

2 answers:

4vir4ik [10]2 years ago

8 0

I’m pretty sure the answer is 11%

coldgirl [10]2 years ago

5 0

Answer:

I believe it is 11%

Step-by-step explanation:

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