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noname [10]
3 years ago
7

*URGENT* Would it be better to invest at 6% APR compounded annually or 6% APR compounded

Mathematics
1 answer:
Dominik [7]3 years ago
3 0

Step-by-step explanation:

step 1. compounded annually gives you interest once a year.

step 2. compounded continuously gives you interest every split second and then gives you interest on interest!

step 3. getting interest on your money continuously is better.

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