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Suppose that you have $8,000 to invest. Which investment yields the greater return over 4 years: 8.45% compounded quarterly or 8.4% compounded semiannually? Use the

image text in transcribedSuppose that you have $8,000 to invest. Which investment yields the greater return over 4 years: 8.45% compounded quarterly or 8.4% compounded semiannually?

Use the compound interest formulas nt A P(1 and A Pert to solve the following problem. Suppose that you have $8,000 to invest. Which investment yields the greater return over 4 years: 8.45% compounded quarterly or 8.4% compounded semiannually? Compounded Semiannually Compounded Quarterly

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