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14 September, 06:25

You invest $2500 in an account to save for college. Account 1 pays 6%annual interest compounded quarterly. Account 2 pays 4% annual interest compounded continuously. Which account should you choose to obtain the greater amount in 10 years?

Account 1

Or

Account 2

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Answers (1)
  1. 14 September, 07:54
    0
    Account 1 I presume
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