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Mrrafil [7]
3 years ago
5

A first saving account pays 5% compounded annually. A second saving account pays 5% compounded continuously. Which of the two in

vestments is better in the long term?
Business
1 answer:
Marysya12 [62]3 years ago
3 0
The account that’s compounded continuously is the better investment long-term because you accrue interest on top of interest on a daily basis which grows exponentially.
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Olin [163]

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The correct answer is Product Bundling.

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6 0
2 years ago
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