What are the statements. Give me that information and I will help answer.
4% compounded monthly: $10000(1+0.04/12)^36 = $11272.72
3.5% compounded continuously: $10000e^[0.035*3] = $11107.11.
Which one pays the most in interest?
Answer:
3:10
Step-by-step explanation:
i did it on paper and took a test on ratios a while ago and i got this answer have a good day and i hope you get a 100 :)
