113. dani has $1,000 in an investment account that earns 3% per year, compounded monthly.
e....
Mathematics, 22.10.2019 05:00, genyjoannerubiera
113. dani has $1,000 in an investment account that earns 3% per year, compounded monthly.
e. boris claims that the equivalent monthly interest rate for his account would be the same as dani’s. use the expression you wrote in part (d) and the properties of exponents to show why boris is incorrect.
Answers: 3
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