Question
Bank north advertises we pay 3.5%, compounded daily. Bank south says, we pay 3.5% compounded continously. If you deposite $10,000 with bank south for one
Bank north advertises "we pay 3.5%, compounded daily." Bank south says, "we pay 3.5% compounded continously." If you deposite $10,000 with bank south for one year, how much additional interest will you receive?
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Modern Auditing
Authors: Graham Cosserat
1st Edition
0471810584, 9780471810582
