Use the compound interest formulas and A = Pert to solve Exercises 5356. Round answers to the
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Use the compound interest formulas 
and A = Pert to solve Exercises 53–56. Round answers to the nearest cent.
Suppose that you have $6000 to invest. Which investment yields the greater return over 4 years: 8.25% compounded quarterly or 8.3% compounded semiannually?
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00825 44 4 831784 825 yield 24 ...View the full answer
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