Question
Lizbeth has two choices for her retirement account. She starts with $12,000. Choice A account choice is to have her investment compounded quarterly at 6%.
Lizbeth has two choices for her retirement account. She starts with $12,000. Choice A account choice is to have her investment compounded quarterly at 6%. Choice B account is to have her investment compounded biannually at a rate of 7.5%.Which choice will give her more money to retire with?
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College Algebra Real Mathematics, Real People
Authors: Ron Larson, Gaylord N Smith
6th Edition
1133714978, 9781133714972
