Adrian invests $500 at the end of every three months in a savings account at 6% compounded

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Adrian invests $500 at the end of every three months in a savings account at 6% compounded quarterly for 7 years and 9 months. How much more would he have earned if he had saved it in a fund that was providing an interest rate of 6.5% compounded quarterly?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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