inda has 800 to invest She may invest at 5 compounded monthly for 6 years...

70.2K

Verified Solution

Question

Basic Math

image

inda has 800 to invest She may invest at 5 compounded monthly for 6 years or at 5 1 compounded semi annually for 6 years Which investment should she make Write your responses Show your work for both situations and then state your answer

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students