Solve the problem. Which of the following investments is larger after 21 years? - $7500 is deposited

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Solve the problem. Which of the following investments is larger after 21 years?

- $7500 is deposited annually and earns 4.25% interest compounded annually.

- $600 is deposited monthly and earns 4.25% interest compounded monthly.

Posted Date: Jul 03, 2024 09:27 AM

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Solve the problem. Which of the following investments is larger after 21 years? - $7500 is deposited

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