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True or False: $50 invested at 5% compounded monthly will be worth more in 5 years than $80 invested at 10% compounded annually.
True or False: $50 invested at 5% compounded monthly will be worth more in 5 years than $80 invested at 10% compounded annually.
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Business Mathematics
Authors: Gary Clendenen, Stanley A Salzman, Charles D Miller
12th Edition
0135109787, 9780135109786
