Which is the better investment and why: 8% compounded quarterly or 8.3% compounded annually?

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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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Question Posted: Apr 14, 2016 07:32 AM

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Which is the better investment and why: 8% compounded quarterly or 8.3% compounded annually?

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The effective rate APY of r 8 008 compoun...View the full answer

College Mathematics for Business Economics Life Sciences and Social Sciences

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