Mathematics, 20.04.2021 04:40, neko64
A bank gives an compound interest rate of 3% return on investments. In a special offer, it allows the customer to determine the amount of times the interest is compounded. Which should you chose to maximize your gain? You can choose multiple
Annually (n = 1)
Monthly (n = 12)
Daily (n = 365)
Continuously (base e)
Answers: 3
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A bank gives an compound interest rate of 3% return on investments. In a special offer, it allows th...
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