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To finance the advertising department, the company needs to make an investment and is analyzing proposals: A bank offers two types of investment. The first

To finance the advertising department, the company needs to make an investment and is analyzing proposals: A bank offers two types of investment. The first type of investment pays 6% interest compounded monthly; while in the second type of investment it pays 4% compound interest with continuous capitalization. Considering the term of 1 year, which of the 2 types of investment generates the highest final amount, and consequently returns? Assume an initial investment of $ 10,000. In EXCEL

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